NYSE:IVAN.WS - Post by User
Comment by
thianon Dec 23, 2011 1:20pm
328 Views
Post# 19349109
RE: Prediction
RE: Prediction I remember the post that you were speaking about. A poster spoke about the Fibonacci Ratios and the Elliott Wave Theory. I did some research on it and really do not know what to think. However I observed that the charts acted in an almost mirror like image in all the three preceding years. I am not really sold on those theories but I really think that Ivanhoe is an ideal takeover target.
Recently PetroChina put in a bid for Connacher but the bid was rejected by management. I may be wrong but I think that Mr Buffet's company (Berkshire) holds a major stake in PetroChina.
I am seeing some activity right now on Ivanhoe and I hope that it is not pending news that was frigging leaked. I really want to add to my position. Yesterday we also had good activity.