Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
BIOLIFE SCIENCES INC. BLFE
Posted On: 04/15/2013 8:04:47 AM
Post# of 30
Avatar
Posted By: Big Tuna
Re: Ad1 #4

Good Morning Ad1. Not sure what's going on with IFHR, but ever since the selloff last week, there's been a lot of chatter about a possible R/M that might take IFHR into the .10-.15 levels. I have no idea. But looking back at the drop in the stock, and the way it traded down to .01, it follows a pattern that many have seen with stocks just prior to a big news event.



As to the technicals, one can see the drop last Tuesday on very large volume after channeling for weeks in the .015 to high .02s. Approx 1 mil shares took it down, and then another 2 mil shares churned in the .01-.012s. The FullSto is attempting to put in a bottom, but the MACDs aren't signaling a turn up yet. Obviously, news would trump the weak technicals. There was some huge accumulation in the mid February timeframe which led to a sharp move up. IFHR is now trading at some slight support, but we'll just have to see what develops. Should the rumors of a R/M come true, IFHR should respond sharply to the upside because of a very small float and share structure.
















(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site