Here we go! IGO is under 6. Will see if it will stay under 6...

Here we go! IGO is under 6. Will see if it will stay under 6 today. Miners are still under a lot of selling pressure today. Capitulation is probably near for IGO. Last time, the shorts sold hard to push IGO to around 6.42 and it was a capitulation (but a false one). A couple of weeks later, IGO was back to 9.x and sellers appeared and sold it down to 8 and then months later we are at under 7 again and now under 6. Now, we are staring at capitulation a second time and it could be a real one this time before a sustained move higher. The ones who crash out this time and sell would probably regret for years to come.