RE: Another Cheerleader Returnee! Vanchester,
I don't think the meteoric price rise would result from a leak, for a few reasons.
1. I am sure that at $20,000 per month, the executive suite has state of the art security - there wouldn't be anything get in or out of that penthouse unless it was intended. Its been suggested by some that even the Dream Team doesn't go in or out that often.
2. If there was a leak that the Dream Team was about to announce something, I would think the price might collapse, not spike. Based on past history, anything newsworthy has been negative.
3. I don't think you can have a leak from a vessel with nothing in it. ISM is not a case of a glass half full or half empty, its completely empty.
I recently came across the most logical analytic explanation for ISM regaining price stability and showing the great technicals that have been mentioned on both forums. Can't remember if it was Forbes, Barrons, the Economist - or maybe another Stockhouse contributor. The rationale is that it now appears that The Randy Man and his Dream Team have demonstrated that they have entered a period of management stability extending over six months. Since the battle to control a real mining company ended in the Courts in June, management has maintained a consistent and level approach to guiding the company - they are now doing absolutely nothing. This approach is being well received by analysts, as The Dream Team now is operating at a level that befits their ability. In doing nothing the management group's reach is not exceeding their grasp, and this change is being welcomed by the market. With the fear of management doing something now dwindling, the memories of the URSA control grab, Metal Mines spinout, and other major strategies is fading. Many see this as a trend that could go on indefinitely, and with the prospect of nothing happening, faith in the future of ISM is growing - the share price could well go beyond the stratosphere. Makes sense to me.