I have said a few times now, good luck to anyone trying to do charts for IRIS. But I don't think it's difficult purely because of time on the boards. Definitely the extended pause followed by the significant introduction of the Li asset made it hard to chart 6 months ago. The macro environment and monetary policy impact, etc is making everything hard to chart at present. (I don't ever try to chart anything haha).
I was more so questioning the "graph" (to me "charting" infers forward predicting). The graph which is invariably sloping in the opposite direction to the sector?? I don't think anyone can explain the IR1 graph ATM?
Why use "manipulation" cautiously?? It happens throughout the market constantly - from social media posters re penny stocks right up to the BEOT. IMO traders don't just get rich through simple "prediction" of swings - there's an element of that - there's other games played out too as we ALL know.... that's why they get caught and fined/disciplined regularly, yes?
Can I say how IR1 is being manipulated.... of course not... although there have been some clear hints. Overnight/this morning, a buy order at $2.11(10% above "at market") for 20,000 shares sat glaringly at the top of the list - it was withdrawn right on opening. Curious behaviour?
These people aren't shoplifters or petty criminals who play out their dirty work on CCTV.
Sophisticated, behind the scenes, deliberately difficult to work out what's going on.... that's manipulation. If I had proof I may report it.
$2.17 to $1.70 in a little over 24h Tues to Wed with a great announcement and a very green market thrown in .... lol.
I guess we do agree that there ain't no way to predict IRIS .... other than LONG TERM UP UP AND AWAY
IR1 Price at posting:
$1.93 Sentiment: Buy Disclosure: Held
(20min delay)