Now what I suggest is going to happen that sooner or later the top shareholders are going to be very tempted to offload some of their holdings to realise in profit the huge gain in the fpos in the last 2 weeks.There could be a situation where some of the top holders will want to INCREASE THEIR HOLDINGS in ioh.....Now I am not saying at the moment that the trend over the last 2 weeks is going to change but the higher the shares go the more temping it will be for the top shareholders to offload some of their stock.If they all start getting nervous and offload too much too quick the STRONG UPWARD TREND could easily become a STRONG DOWNWARD TREND.This may create a possibility for one of more of the big players to up their stakes in ioh, BUT that depends on how far the downward momentum is allowed to go!!!For us small players I think its time to realise our profits and sit back in our chairs and WATCH THE ACTION!!!!!!!!!!!!!
IOH Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
