I have expressed my opinion..........
And the big pr today says little or nothing........
What it does inform is operations have been limited to refit and will resume once it occurs. Idle or slowed operations, added cost, more stress on cash flow equals a need for finance. What are their options? At this point it is not attractive for longs unless you trust them and have a very long time horizon (at best) imo.
Look at the statement carefully. No dates. No targets. Nothing concrete....... not even when operations should be full again. Just innuendo.
As a daytrader, I would be watching for "straight lines". IGPG has been forming such a scenario that favors a short play. Beware.
At the same time, a short term boundary lends .006 may be a coming near term high.
No guarantees come with that information. Just potential and possibility.
Ask a chartist what todays candle means.
I quit watching volume in detail. They have proven to me they can't be trusted.
Good luck
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