Comment by
mill44 on Aug 29, 2014 11:56am
Over 4% of the float is shorted on Nasdaq. Most probably covered today.
Comment by
skydiver069 on Aug 29, 2014 1:04pm
Just caught that it's up 75% right now - @ $2.80sh ... Certainly an interesting POP-up, but on that note, I'm not the type to jump onto these POP's w/o a damn good valid reason. Thinking that daytraders will probably knock it down again if additional news isn't released to justify this spike (on not so heavy volume either).
Comment by
Nazarbaz on Aug 29, 2014 1:33pm
I sold out. But the volume is high compared to other days.
Comment by
m8magic on Aug 29, 2014 1:40pm
check their news...its great news..
Comment by
mill44 on Aug 29, 2014 1:40pm
It will be knocked down a bit. But if it holds the 2.80ish level, it definitely turned the tide.
Comment by
Nazarbaz on Aug 29, 2014 1:49pm
They are getting piblicity. https://online.wsj.com/articles/ivanhoe-energy-in-consortium-for-ecuadors-oil-block-20-1409150560?mod=yahoo_hs