Seasonal Strength Period for IAE Check out IAE chart, very strong seasonal period of strength for IAE, end of 2009 Dec IAE climbed from $1.25 to $3.00 approx from Dec to April 2010.
In late 2010, IAE climbed again from approx $2.00 to $3.00 peaking as we know in spring 2011.
Looks like we have our start this week of a very strong seasonal strength period for IAE, this time we started from approx $2.20 and IMO we are starting our seasonal climb strong upwards.
The great part of this we have some serious IAE news to back this up with Athena etc NRs, RBC mentioned catalysts NR on Athena flow rates expected in March/April, so the timing is perfect for a strong climb.
I for one would not be suprised to see IAE climb towards $4 in the next 1-3 months and then consolidate while IAE SP positions for its next run with Stella coming in H2 2013