Agree. I think we also need to look at the rise in context of the fall.
Why did IGO fall harder than many of it's peers? Which of course left it with better opportunity to rebound?
Imho someone panicked with the fall in the pog, and over reacted. 220 was a pretty hard fall.
Not sure I'd be buying in these times after something had just rebound 80%. Can't see a lot of short term upside for IGO until something changes and/ or Tropicana gets fully derisked.
Just thoughts/opinions with no backing analysis.
EL
IGO Price at posting:
$3.92 Sentiment: LT Buy Disclosure: Held