why this gap will be filled. try this link. this guy was calling INL a buy at 4c some time in Sept and is now explaining why this type of gap is generally filled. makes a technically compelling case.
http://www.incrediblecharts.com/userscripts/forums/show.plx?tpc=8&post=29115#POST29115
http://www.incrediblecharts.com/userscripts/forums/show.plx?tpc=8&post=29146#POST29146
plus i get awful nervous when companies like these go for a run. INL probably still needs to keep raising money, like the rights issue last year, so I bet before you know it there will be an institutional placement at a hefty discount and we are all sunk.
bank the quick bucks looks like the better option Monday.
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54.5¢ |
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Mkt cap ! $103.4M |
Open | High | Low | Value | Volume |
50.0¢ | 55.5¢ | 49.8¢ | $235.2K | 448.4K |
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No. | Vol. | Price($) |
---|---|---|
1 | 2282 | 54.5¢ |
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Price($) | Vol. | No. |
---|---|---|
55.0¢ | 5100 | 1 |
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1 | 3225 | 0.535 |
1 | 11425 | 0.530 |
2 | 17000 | 0.500 |
1 | 1920 | 0.495 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 5100 | 1 |
0.555 | 17620 | 1 |
0.560 | 25000 | 1 |
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