ION 10.0% 0.9¢ iondrive limited

$1300 support lvl broken, looks like Stop losses were triggered...

  1. 94 Posts.
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    $1300 support lvl broken, looks like Stop losses were triggered and small amount of fear has been unleashed on the no brainers. POG will recover as it has been over sold.

    Pending on Fed action we will be looking for Either a solid bounce in POG or a serious drop in the Aussie $
    Either way, I belive that SAU is well covered with cash in February & very health and robust margins.

    Further Drillings in Korea announced this morning to be completed and announced to the market in Dec.

    Watch out for a few positive surprises in the coming weeks.

    Tightly held stock, will have very little selling volume wise, those that do sell are just in panic mode and will re buy later at higher price or live to regret there itchy fingers.

    Watch this space.
 
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