RE:RE:Some bigger shareholder may add more @ 2Some medium fish hold more than 300K shares. They will wait for few months. The one who is bidding at $2 (the whole morning) probably were the "medium fish" or even big fish.
For me I always feel it's undervalue. I started to watch IGG one year ago (when it was 1.8+). I bought at 1.4X, sold, bought, sold...as low as 1.09......up.... traded n times. Finally I bought at 1.73 and got stuck. Then I held till now. I didn't sell because I noticed someone was trying to drag down SP (while IGG kept buy back shares). I didn't like it but I wasn't panic. The key is: IGG's financial is good.