IFR at the moment 6th of May Not much movement in the past month.The market makers have moved the bid to .065 during the month past and had the ask at .095. The market makers care little what may or may not be going on with IFR they merely adust the price up or down reflecting supply or demand.
Market comment.This month it is competition.As much as we personnally dislike it it makes us all a bit better.I think it is a bit stupid some New York traders are building a new undersea cable to London so they will be a half second faster on an order execution However they are doing it. Obviously they are not in our league.
However competition is everywhere.Do you renmember when you were a child with a pennie,nickle,dime or quarter to spend you went into the candy store and you had all those wonderful things to consider? Well the candy makers were all in competition for your allowance but you never considered this! At some level IFR shareholders will be in a competiion, we just do not know when. What will Husky do? What will happen in Montana? Until next Month all the best to my fellow IFR shareholders. Onehafnorse