RE:RE:RE:Todays close!Luxor,
I added last week and was tempted to add more yesterday, but it's tax loss selling season. Traders can sell off right to the deadline in a couple of weeks. PGM's were also getting clobbered. All important news for 2017 is out. If anything else is coming, at least some traders are looking for the exit. In the new year, they won't necessarily sell on news. $4 seems to be the new low. It hasn't gone to $3.75 for awhile. Barring a metals meltdown, IVN should recover in the new year, if not sooner. It's tough when you make a trade and then it drops a dime,.You hit the buy button, and five minutes later you're underwater.
On the other hand, when a stock takes off, you kick yourself for not buying more. After that it's harder to buy, since the price may fall back to it's former level, and then you're in danger of making two mistakes. First you missed the buy signal. Then you chased the price just as it peaked.
IVN is a thinly traded stock, where possibly just a few major players trading across multiple accounts, are generating most of the volume. It's hard to get into someone else's head.