you can just feel the weight of the selling pressure on IGR. It's a good battle going on between buyers and sellers but right here the sellers continue to have the edge. I don't know whether this is basically short selling or a substantial holder offloading . Either way I just wish they would fulfil their requirements so this can start to gain some upside traction. Something it is clearly incapable of doing at the moment. Yesterdays price action was ugly - especially on the close. Sellers dominated and the volume was high. Someone with deep pockets is needed here to either satisfy the seller, or send this shorter packing by making them cover positions. I'd like to see 57c hold but it might be asking to much at the moment. A gap still sits at 53.5c, and all I can say is that IGR likes filling gaps. Not ideal from a psychological perspective for holders, yet it might be the clean out that is needed to turn this sleeping giant around !!
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