IDN will become stronger from now on. We have seen the frightened sellers now drop off. Next we will see - although quite possible thin trading with a lot of investors still on holiday the next three days - the firming up of the share price. The next stage will be buying ahead of results, then the rush of day traders come in after the very positive 2006 forcast and the price to exceed 3p.
My estimates above may prove to be conservative, but we have more than one IDN insider on these boards now. Eyes down tomorrow!
Further falls?
You have to ask yourself -
did it go lower in January 2004 when it hit 4.25p,
and did it go lower in January 2005 when it hit 3.5p.
There is your answer for January 2006.
I am all for reasonable logical comments but we will loose
any derampers wind up merchants late January / early February,
especially as usual they have no reasoning behind their statement.
This week will be the last time to buy on the cheap,
cause it ain't going lower!
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