I follow IVA closely and I will be expecting to hit 60 cents In 7 to 8 weeks as that is how long it has taken to bounce Off the previous lows
It could come quicker or a little longer but in not expecting a big Kick in the next month
I think holding the SP tight and accumulating is what happens Eventually the breaks are off and the SP takes off
Then the sell downs starts again
The problem here lies in the fact that there are very few retail holders Sometimes it is nearly impossible to buy or selL becausel the volume is so low
Even the recent CR wasn't filled by retail but the bigger holders Snapped them up at 48 cents
Picking them up at a 25% this week isn't too shabby
Really pays to buy in at the lows Quite a few stocks hit the yearly lows in the past week or so
Imoo
IVA Price at posting:
39.0¢ Sentiment: ST Buy Disclosure: Held
