Hi lazyguns,morningstar is a rating agency specialized in fund...

Hi lazyguns,

morningstar is a rating agency specialized in fund investing and they own and publish Huntley's newsletter. They upgraded their recommendation for IIF due to price movements.

I ve noticed the crosstrades too and i think some big players have been accumulating quietly during last week. What encouraged me to buy is that IIF is more predictable than other shares in the market as its controled by big players who continue to manipulate the share price, and the correlation between IIF and the rest of the market is not very strong, so the current market sentiment does not affect IIF as much as other shares IMO.

Hope whoever is selling @42.5 will finish soon, it seems like both buyers and sellers are not in hurry at this stage. I bought @42c, my target is 45c and my exit is 41c.

Good luck.