I cant figure out if this is a prop and dump or accumulation. lol.
The other thing that this might be about is ING's planned asset sale.
Possibly the operators of these stocks (and they are both being operated) have realized that it is no longer in their best interest to keep the SP low if ING plans to offload IOF/IIF to someone? Maybe the intention is to have them valued higher prior?
Any thoughts on that from those familiar with the register and the impact of INGs asset sale on IIF/IOF?
IIF Price at posting:
18.9¢ Sentiment: Hold Disclosure: Held