NYSE:IVAN.WS - Post by User
Post by
BearBullBrianon Jun 27, 2013 5:36pm
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Post# 21577690
Consolidation
ConsolidationAs one could have expected, this consolidation, like thousands before it didn't work. The share price is more likely to return to its pre-consolidation price than it is to increase. One thing it did do, however, is make us all slow to realize that this stock is trading at a historic low. It's cheaper than it's ever been and going lower it seems. I've mistakenly averaged down on this twice before, but won't be doing it ever again. It's a lottery ticket along with any of the junior resource stocks I own.
BBB