Itronics Inc (ITRO)

[feddupwithnitwit]

Last Thurday's 15k+ volume was encouraging but it all came from 2 big hits early in the morning...most likely the same person. Then no trades the rest of the day. Maybe this one guy had lunch with Whit and realized now is the time to load up. I would like to see more hits on the ask throughout the day on that volume and on a regular basis but one guy buying pretty big says something too.
I think it's pretty clear there's a lot of leaks otherwise we would have seen more speculative buying throughout Q2 and especially leading up to the Q2 release. But instead there was none. Like I said before, it's like everyone knew the numbers were going to suck. The buying patterns going forward then will be the tip off for how well the current Q is going. It won't take till the Q3 release to know if it will be good or not. Just follow the volume and the buying hits. The bar is set very low on the ferts and very high on the silver for this Q. If Whit even comes close to expectations on the silver end it can be a very good Q because there shouldn't be any problem beating the Q3 '09 fert numbers. It can get interesting here because the pps is still low. Watch the volume. Right, metal?
Do, I know you said you bailed and I can't blame ya but keep an eye on it. If it holds the 1.50-1.60 level then I think we're set for a move higher. Those ticked off about Q2 and wanted out are most likely out by now. If it breaks $2 soon then hop back on. I have a feeling 1.60 will hold and it's heading northward from here despite the dismal Q2s. JMO, of course.