ICN 0.00% 0.6¢ icon energy limited

Yesterday we got what we expected after that Fin Review article,...

  1. 21,733 Posts.
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    Yesterday we got what we expected after that Fin Review article, but, the significant thing that came out of yesterday's trade to my liking was the nature of the selling and buying. It really was like a feeding frenzy in the shark pool. Dozens of little sellers of their 10K and 20K shares, and less, were just snapped up by the buyers picking up 100K, 200K and 300K lots. Obviously someone thinks that they are still worth buying despite all the gloom. This was not propping up the price buying, whoever was buying grabbed every opportunity to take big slabs off the table right throughout the day and especially in the latter part of the day.
    Don't know if that is signalling an announcement, but, it certainly is signalling that at these prices ICN is a real bargain to "someone." Numbers never lie, especially when they involve someone's big dollars.
 
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