RE:Some pretty good volume on a positive dayI agree with you dbeaude, except that over the years, as you know, it always seems that there is a tidbit of negative news released, to which the market negatively responds. I said the same thing before their quarter results were out, and I was right -the market pushed it down to the 2.40s again.
To me, it seems that anytime there is an opportunity for iae to fall, it does. To the point where I am hesitant to stay in before a news release. If there is news tomorrow, I believe the price will pull back a little because at the very least people will be reminded of the delays and the climbing debt.
Having said this, I believe that if thing gets pushed down tomorrow on a little negative news (lower production, changing timelines, Well problems etc), I think that the fall will be relatively short lived.
People never seem o be able to hold on to their shares tight enough.
I could be wrong. Maybe any news released tomorrow will be stellar.
GLTA