6 million+ low volume? This is the highest volume since November! It opened near its high and has been falling all day, eating buy depth like chocolate. I feared that the next announcement could be sold in to. The reality is that has been dumped into. Timing for the annoucement was perfect, but still no fun.
I'm out. If you look at the course of trades the selling has been unrelenting today, totally overwhelming buyers. Distribution is still in full swing by unknown parties.
If it can defy the dow tomorrow, I'll reconsider.
IDL Price at posting:
$1.10 Sentiment: LT Buy Disclosure: Not Held
