maybe you gave too much credit to the so called “insider”. They could have got wind and bought in large expecting to ride the wave. However, their execution became an issue and suddenly they got called upon by the broker.
They likely took advantage of the settlement period to take a quick bet.
it’s no coincidence that there was such a large ramp up of price leading up to an announcement. Then after announcement, it suddenly fizzle out.
Its just like like a few months ago where despite several big announcements, there is a buyer who is intent on selling (as shared by a fellow poster recently).
Cant be ruled out unfortunately.
I have confidence in Troy and IHL. But noises like this just can’t be helped for small co like IHL. It’s just part of the punt.
IHL Price at posting:
4.0¢ Sentiment: None Disclosure: Held