IRC 8.00% 13.5¢ intermin resources limited

L/T holders have to top up now... while "sophisticated...

  1. 227 Posts.
    lightbulb Created with Sketch. 35

    L/T holders have to top up now... while "sophisticated investors/funds/EGS" & 'computer traders' are selling ... to stabilise/move SP back up/fwd... as fundamentals are still v. good... The same "game" is played on quite a few stocks I hold (including MRP!!!). I feel that it is possibly the "investors/funds" are trying to recover from losses on their "under-performing" but still overpriced "investments you can't loose on" eg  properties and banks and possibly selling is done by those investors expecting that sooner or later the intricate economic house of cards created since 2009... will eventually implode ... so they are flogging  the "risky" stocks across the board?... 

    I wish I was in position to scoop more IRC shares (but picking slowly up eg today at 13 C)... Merry Christmas to All holders!

 
watchlist Created with Sketch. Add IRC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.