Well Dalts i didn't but I agree with you that it does appear strong at 5c for now . It is range trading here and compressing and that iis an indicator of an imminent move from my experience . My feel is that the move will be to the upside but of course it depends on good newsflow and if the ARDS trials are successful then it could be a huge move .
There is no reason to sell here at this time , in fact I would be surprised if there was any mass exodus at this time IMO - they are set up for the trials ARDS , TBI and OSA whoever is in, is in anticipating successful outcomes of the trials . They have the MM oil sales as well . I expect we will have significant newsflow this quarter and on the hint of positive trials on any of the above the SP will re -rate . IMO .
IHL Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
