I just hope IHL is not a takeover target. I have seen this happening before with few companies. First a lot of shares get bought to bring price a little up (usually around 15-25%). Then the shares they bought are dumped slowly at heavy discount. When initially it starts stop losses kicks in and sends market price even lower. Then panic starts and price crashes even more. Then in about 1-2 months there is takeover offfer.
Look at what happened to NetComm Wireless.
IHL Price at posting:
47.5¢ Sentiment: Hold Disclosure: Held
