Is b42 really R.F....Its funny how b42 slammed alot of the people on this board and now is nowhere in sight.
Any who.. why did ivanhoe release a scoping report with all these inferred resources when they knew that this type of unknown is always the killer of a stock. They should have release continual drilling results. However many people have lost alot of money especially all the people who sold after buying it at 12etc.
Furthermore, what was R.F. response to yesterdays slide, goes something like, the people who sold yesterday have been replaced with those who want to construct a mine. What a sack of s__t.
Now you can see why we had step formation in the stock for the last month and half. The stock fell to 12.50, then to 11.50 then 10.50 and then 9.50, if this is not distribution, i dont know what is.
So we move to 7.50, lets just watch all the suckers who are going to buy this stock and only to watch it go lower. Remember there is no reports coming soon to boost this stock so the shorts will be all over this one after the suckers who buy at this level. I will be back when we hit 4-5 dollar range.