GREY:ISYRF - Post by User
Comment by
humppyuson Jan 11, 2018 2:51pm
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Post# 27335510
RE:another bs trade
RE:another bs tradeYesterday’s volume cleared out a big overhang that was developing between 1.40 and 1.45 and drifting lower. I was convinced there was going to be a downdraft to the 1.25 - 1.30 area. I even put in a buy for that range. The 100 share trades are a nuisance, but not really indicative of value. If somebody wants in they will have to pay up and if somebody wants out they will most likely be selling at the bid or lower. These are the frustrations of owning a small float stock with little to no institutional interest. I believe there is only one analyst covering ITC. However if something big comes along this thing will fly due to low liquidity.
There still maybe a Release coming regarding Stream and ITC and any extension. Last year’s release date regarding the extension was Feb 27. We are only at Jan 11.