INT.v announced acq...looks damn interesting...stock backing off...investors trying to figure out..cost is 6m shares AT .74. THERE WAS ANOTHER PR YEST WHICH WAS EVEN MORE FASCINATING. TAKE A LOOK WHO IS BEHIND int.V IN ADDITION TO GENE SIMMONS AND ALSO TAKE A LOOK AT GUYS BEHIND NEW ACQ. LOOK AT VELOCITY OF RAMP UP IN VIEWS FOR INT.V'S SUBS.
Now--stock reached HOD of approx 1.22cad (that matters now as Looney is 1.04 over US buck)around 3.30 or so and then the first PR hit ref the acq-investors had to ponder and stock backed off and closed at 1.05. After reading 2nd PR from yest I am more convinced than ever that we could have a dynamic play here w/no top. I had cleared out all my INT 5 min prior to PR-dumb luck-and dtarted new position around 1.10us. WATCH LEVEL 2 BEGINNING AROUND 9.15A FOR CLUE AS TO DIRECTION AND STRENGTH FOR INT.V OPEN THIS AM. MC