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Bullboard - Stock Discussion Forum Ivanhoe Mines Ltd T.IVN

Alternate Symbol(s):  IVPAF

Ivanhoe Mines Ltd. is a Canada-based mining, development, and exploration company. The Company is focused on the mining, development and exploration of minerals and precious metals from its property interests located primarily in Africa. Its projects include The Kamoa-Kakula Copper Complex, The Kipushi Project, The Platreef Project., and The Western Foreland Exploration Project. The Kamoa... see more

TSX:IVN - Post Discussion

Ivanhoe Mines Ltd > IVN... defines Professional Accumulation
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Post by guarantor1 on Nov 04, 2021 10:07am

IVN... defines Professional Accumulation

From Stock Market 101

"The professional bides his time, waiting for the stock to consolidate or start a short-term correction. He knows that trading will be quiet during this phase: buyers lose interest for a while and look elsewhere. He also knows where most traders have their stops."


 

"A few well-placed sell orders on a quiet day will drive the stock below its' support level. Stops are triggered, sending a flood of sell orders into the market. Everyone takes fright while our market professional steps forward and scoops the pool; buying in the face of the correction. Selling dries up when the stops are filled and the stock soon recovers back into its normal trading range. Everything returns to normal; except that our market professional now has a sizeable parcel of stock, accumulated at bargain-basement prices; and a group of punters curse their luck while the stock soars into the stratosphere."

Comment by Cobalt on Nov 04, 2021 10:52am
I dont buy it  1 year CMMC +230%   CS +195%    IVN +75%    COPX +63% 12 points over a Copper miner etf holding a large bag of miners , 12 points? is under Professional Accumulation?
Comment by crow27 on Nov 04, 2021 12:55pm
Relax Cobalt, the %'s will change in IVN's court soon enough.  We are about to just report our first earnings and from there the earnings will start to compound. Selling is only happening because of the nervous nellies who have no patience. Do you think this stock will be at this price in 6 months or so when you have phase 2 coming on line? The song remains the same for IVN as they ...more  
Comment by Cobalt on Nov 04, 2021 1:08pm
come up with a new line selling is not only happening becuse of nervous nellies , 80% of the market is now algos trading , algos are not nervous LOL
Comment by goldstd69 on Nov 04, 2021 2:45pm
agree Crow...and BF is the best at managing miners of all kinds...and Ivanhoe is not just copper...gold, silver and other metals in this also
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