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Ivanhoe Energy Inc. Message Board

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  • lancekoliver lancekoliver Sep 28, 2010 10:59 AM Flag

    Whats behind the currrent drive?

    I could be wrong (and hope I am), but I think mainly trigger happy, poorly informed investors are behind this rise. IVAN jumped at just the time news came out about Ivanhoe Mines find. We have seen this before. Certain investors rush to buy on the news and accidentally buy IVAN instead of IVN.

    I sold a little at $2.07 and plan to re-buy lower when people realize their mistake and it drifts back down, if I'm right. If I'm wrong... won't be the first time.

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    • You could be correct on some of the action, but that doesn't explain the previous days action. This has hit it's bottom and will continue to trend upward.

      Any positive news to financing will provide the next significant push upward unless sunwing comes out with a surprise like we just hit a major NG deposit.

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