LockyKaren,
I don't think this is the case because selling is on super low volume. Its a real shame. For them. I couldn't care less... I'm holding IFE until they start paying dividends or get taken over. I think the latter is more probable. I fail to understand the reason for which one would sell their IFE in the $1.30 range - it's disgusting. I would load up on IFE right now without question, but I'm tied up in Key Petroleum which I'm holding until they get thoroughly get stuck into their Italian permits - 2 years or more.
I guess it's just some unfortunate guy who sits there at his little computer, 'Oh Geez guys get out get out get out! It's gonna crash! I've never undertaken Finance 1, or Modelling of the Australian Macroeconomy, or Microeconomic Analysis and Policy or Financial Econometrics but I know the market's gonna crash because all these guys on HC say so! And even though we sailed through the recession in the U.S. in 2000 this time we're stuffed, trust me!!!'
A real shame.
The Soothsayer.
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