I am so impressed with how IOVE is trading this morning!
Seems like we get good news and we go down.
Today's news was questionable (I thought people would sell off to be honest) and now we're up.
I'm long so today's news was good for me but I thought it would scare off all those trying to make a quick buck...maybe it did and everyone holding now is long?
There weren't many sellers, what's 2 million shares? 1 or 2 big investors or 5 or 10 smaller ones? It's less than 1 percent of the float. If anything, the PR should have made it clear that we are going to get our divies, and they will taste good.