Just sold my last IBA at .99, a 20% loss. Why? 1. I don't know what they are going to do next, but the rehashing of malaysia deal info, along with no new information forthcoming has made me very nervous. 2. The chart looks bad. Nearing a gap from November 06 at around 92c. Below this next support is 77c.
I'm out and I will wait for it to turn back up, long term I reckon they are a good prospect but short term I don't need the stress of watching them fall.
cheers toscanunan
IBA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held