Post by
PistolTuco on Jun 22, 2022 9:53am
IVN over 25% decline from $10.30 range weeks ago...
today is not the day to sell imo - but there sure seems to be alot of sell orders....shorts perhaps but they'll be covering soon....
Comment by
SAM1492 on Jun 22, 2022 9:56am
I hope your right... this decline is brutal $2 downs in less them 2 weeks.... are people that scared out there they are selling off at massive losses...
Comment by
gisellekronk on Jun 22, 2022 10:26am
people may not be selling off , at massive losses . i am not selling , but my cost is $4.25 . people could be selling because they are getting margin calls and when that happens , they just sell to raise cash
Comment by
PistolTuco on Jun 22, 2022 10:31am
Well i believe in IVN and the need for metals is not going away. I have a nice position now and will hold for LT!
Comment by
SAM1492 on Jun 22, 2022 10:32am
From 2 weeks ago at 10.30 to 7.85 I'd say some have taken losses. It 1 year lows seems a great time to buy :)
Comment by
gisellekronk on Jun 22, 2022 10:39am
even better time to sell naked puts
Comment by
PistolTuco on Jun 22, 2022 10:41am
agreed - i'm loaded up now and left some powder dry in case of more dips....TSX seems to be recovering as well and the US index's are now green. I think the 7.7% inflation monthly increase plastered on BNN and Bloomberg freaked the market into an over reation - IMO