I think I've explained before why I find this stock so fascinating to follow, @Zingy. It's not intended to be passive-aggressive, it's just amazing that after all this time some people still think price action - up or down - is anything other than retail buying or selling. As I noted, the last time there was a big run up there were all the usual comments ("leaky ship", "good news coming", "big players buying in", "Citi know something we don't") and so on. Look what happened - the pump wasn't sustained, and it collapsed over 85% from 33c to 4.6c. As much as you may dislike him, @kevin103 had been warning of a pump for months; anyone willing to listen to that perspective had a healthy chance to get out, probably in the money.
As you know, my opinion (rightly or wrongly) is that they'll try and raise capital soon: so I'm partly expecting a pump for a CR, but partly thinking that no broker - not even Clee or Everblu - would be brazen enough to pull it off in current market conditions. So seeing IOU pop over 100% in less than one trading day is bound to get eyes on it. I'm just wondering if this is going to be a repeat of January. Hopefully not!
IOU Price at posting:
9.8¢ Sentiment: None Disclosure: Not Held
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