I think that's right Forty. I'm vulturing! The move of both stocks seemed directly related to the post on IFE that the meeting had been scheduled. I looked to buy some IFE myself at that time but there was so little liquidity it slipped away from me. Others were a bit smarter and used the greater liquidity in TRF to get exposure. I ended up buying some IFE on a little pull back and then chopped on the news the decision had been deferred. I would only buy either stock with a very short term catalyst and multiples of upside given the record of IF.
TRF Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held