Very few stocks with this liquidity, and as a result day traders see it as a good opportunity to make some extra $$$$. Not sure too many insto's are dumping now, I think it's a case of cashed up guys buying 100k parcels and making $500 - $1000 a day on half to one cent swings. At 16c today I placed a bid for 200k and got them eventually when they dropped to 14.5c. If I sell them tomorrow for 15.5 then that's 2k thank you very much. I don't plan to sell as I am re-building my holdings, but thats my 2 bob's worth.
Getting that adrenalin rush back slowly with IGR.....
IGR Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Not Held
