We have had two back to back sell off days with SIGNIFICANT volume. Sounds more like a distribution rather than a healthy pull back. I don't think these day trades or getting in a $13.85 or $13.70 is helpful, as we may be headed lower. Not sure the reason for the sell off, but it looks like some big investors decided to bail out for an unknown reason. I love this stock and this company, I am just not sure what to make of this sell off.
The stock just flew under the radar for a long time then ran up from the 10s to the 15s, so now a bunch of people that get their investing ideas from seeking alpha know about it. This increased the volume and increased volatility because everyone is trying to figure out where this thing will settle. I'm not sure I understand your point. Volatility is completely normal for a stock that just experienced a major break out. I agree that this probably wont see another 50% gain for a while but to say this is an "unhealthy" doesn't make any sense. My portfolio is VERY "healthy" after riding this from 10.50 to 15 and selling. I'm back in at 14 and I'll take my chances. The lowest this drops is low 13's in which case I'll buy more.
The market is forward looking people, and INVN future is so bright its blinding my eyes!
what are u guys? O'Neil traders? ... If you're gunna use price action and volume to determine the future direction of the stock, maybe you outta consider the price/action and volume data as whole from the beginning of the breakout. Given the liquidity and size of company compared to recent increase in average volume, itz a freaking no brainer this stock will get volatile. so analyzing every daily move in these type stocks are less meaningful.