Ivanhoe Mines Ltd. T.IVN

Very low volume

[Copperman1]

What does this very low volume indicate? 

IVN price is very low and no one's buying. Have people bought all they can earlier at at unfortunately higher prices and have no more cash to put in?

[Sugaree]

Hardly the case. More likely, short sellers cant find anymore shares to short, or find stop loss limit orders to keep hitting, so they can buy more shares to cover. Bottom most likely close to in, and they will start buying back up to cover short positions.

[WpgJetsfan]

Could not agree more!

[Sugaree]

This low volume is very telling. Short sellers have run out of worthwhile sized stop loss limit sell orders to hit. They can actually run a stock down and cover shorted shares at the same time when retailers foolishly use stop loss orders.  I believe they have summised the risk/reward to continue driving the price down is no longer worth it. We may hover here for a few days, and then there

[Natgasbc2021]

made this mistake recently with VET had stop at 9.21... Near end of trading day the plunged it 10 cents in a hurry grabbed my 20k shares and then took it right back to 9.3 VET is now 10.9 fml

[Sugaree]

I have said before on this board, those on here will know, never ever use stop loss limit orders, period. They are and institutional mechanism to steal shares from retailers. Sorry to hear, best never use them in future.

[Sugaree]

My mistake, I have said that many times on the Nuvista board. I only recently stated posting here. But still the same, stop loss orders are for suckers.

[1student]

Yes. I agree Sugaree. You can say much the same for premarket and post market trading hours at the North American equities markets. How would you like to think you had X amount of gain going into the end of the day; only to have the various professional market makers, market movers and shakers outright manipulate the share price amongst themselves, in order to steal Y amount from what you thought

[WsrThanWenYungr]

No one buying equals no one selling. I got my shares about 5 years ago for about 60 cents a share. I've bought and sold bits of them a few times, but I'm not tempted to sell right now.