The trades went off way too quick in the last 15 minutes for it to be retail
Where does one come up with these theories?
"Retail" = people that are individual investors, daytraders - normal people sitting at home on their PC's (countless hundreds of thousands, if not millions of people), that have the capacity to click a single button on their keyboard to enter a trade. Thousands of clicks hitting within moments of one another, placing scores of trades at lightening speed = what happened today.
These rumors of Bricoleur being the ONLY firm that can push IGC stock around, are baseless and entirely off center when the fact remains that there is strength in numbers.
The last 15 minutes of trading was just that. Retail buys flooding in all at once, on the alerts of a very well respected and followed poster that has an incredible track record for choosing stocks that are about to make omminous moves.
Being up 40% or so, within moments, had me feeding the bidders some of my shares.
If a retracement comes, I will be there to reload shares.
If not, I will ride what i have and maybe even average up if IGC builds a higher and sustained level of support.
But yes, the action today was RETAIL, and that price/volume movement triggered technical indicators that would get ANY institutional investors attention. The key now, is FOLLOW THRU.
Again, your not going to see "news" issued by IGC (as many have eluded to be the cause of this move)
The "news" was that IGC was going to be featured in an SA article written by a prominent awareness promoter that has an excellent trackrecord for moving stocks.
Its just that simple.
Bricoleur had SQUAT to do with today's move.
"Bric" was blindsided by the twitterati just like the rest of the traders asking "hey, what the hell is going on with IGC?" - meanwhile they were clicking away lifting offers at a rapid pace IN CASE news hit.
No news
Just one guy thats alerting to a pending SA article.
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