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Re: IL-6 post# 6155

Thursday, 12/18/2014 4:49:32 PM

Thursday, December 18, 2014 4:49:32 PM

Post# of 27409
My feeling.. it was simply overexuberance at the news. The rapid rise draws in day traders who add to the frenzy. Lack of sellers causes a vacuum on the sell side. I personally sold some of my trading shares in the morning at $8.00, and some at $8.49...shares I bought this week much lower. I also bought shares in the afternoon between $6.97 and $7.10. I did not however touch my long term base position of 50,000 of the post-split shares. It was exciting when it hit $8.50 to have an almost $100,000 up day for the moment.

The fact that the price hit 8.50 so easily is quite encouraging and leads me to believe we could end 2014 at $10.00 per share.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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