As someone who bought in on open (0.08) the sell down was obvious and I won't be surprised if it manages to close the gap by the end of the day. I would've kept my bid at 0.07 but this one's too hard to pick the bottom on and I'm more worried about being left behind.
Weak hands will exit and stronger ones will come in, and while that's happening the stock is still trading in the green for the day. Just kick back, wait for the gap closers, day traders and news sellers to move along, and enjoy the forward momentum.
IHL Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held