RE: PRICE TARGET $1.30 Look at my earlier post at 8:56:40 AM this morning and you'll see I gave the same target for INT. Based on the charts, and only on the charts $1.30 is a key resistance level. Now assuming that Salman Partners did some fundamental analysis its kind of spooky that the chart and the broker are in agreement.
I learnt a long time ago that trading charts is much quicker, easier and more profitable than trading fundamentals. Clearly there are people out there who have far more information than you or I can ever hope to have and they are the one's that drive a share price up, either through acquisition or through holding thereby limiting liquidity.
Now who sold today? Somebody did but it could have just as easily been longs taking profit from the week of the 23rd.Jan or those limiting losses from early Feb. I have no idea but I do know that there is a very clear daily stop level here. At the moment it looks like INT will close above it. We won't know till 4:00pm though.