Identa Corp (IDTA)

[RichieBoy]

The way I see it the sell off is because the company failed to convince the market. The time for that was three days into the run, but now will look artificial and contrived.

I'm old fashioned, richter scale volatility never appealed to me. Slow and steady appreciation now that would make sense with IDTA if you can believe the PRs. Call in any excuse profit taking etc. but the stock is selling off steeply for a reason. To me the market is saying the juice ain't worth the squeeze.

I expect a PR in a week or two which somehow will be less than spine tingling and that is where this will level out.

That said I always enjoy technicals post away