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Howdy Lads (and Merry Xmas to all), I'll stick my neck out here and say that IAG (Imo) is likely to retrace fairly substantially at some point over the next month or so, for the simple reason you've descibed M............... My wife owns a few IAG and I have tried to talk her into selling 1000 of them at the moment and then buy back her $5000 allottment to replace what she has sold, and make a quick few hundred profit .............. I think it would be unlikely that many others are not thinking the same "plan", and that being the case, the sp will have to drop as people take their "quick" profits ............ I could be totally wrong (maybe there is a takeover in the wings .... but why then would the Co be offering a discounted share entry??), but human nature tells me this share must drop (and quickly) at some point in the near future ........... Anyone game to short it???? All the best, and don't drink TOO much over the xmas break!!! Barney.

<blockquote data-quote="barney" data-source="post: 105337" data-attributes="member: 4670"><p>Howdy Lads (and Merry Xmas to all), I&#039;ll stick my neck out here and say that IAG (Imo) is likely to retrace fairly substantially at some point over the next month or so, for the simple reason you&#039;ve descibed M...............&nbsp; My wife owns a few IAG and I have tried to talk her into selling 1000 of them at the moment and then buy back her $5000 allottment to replace what she has sold, and make a quick few hundred profit .............. I think it would be unlikely that many others are not thinking the same &quot;plan&quot;, and that being the case, the sp will have to drop as people take their &quot;quick&quot; profits ............ I could be totally wrong (maybe there is a takeover in the wings .... but why then would the Co be offering a discounted share entry??),&nbsp; but human nature tells me this share must drop (and quickly) at some point in the near future ........... Anyone game to short it????&nbsp; &nbsp; All the best, and don&#039;t drink TOO much over the xmas break!!!&nbsp;&nbsp; Barney.</p></blockquote><p></p>

[QUOTE="barney, post: 105337, member: 4670"] Howdy Lads (and Merry Xmas to all), I'll stick my neck out here and say that IAG (Imo) is likely to retrace fairly substantially at some point over the next month or so, for the simple reason you've descibed M............... My wife owns a few IAG and I have tried to talk her into selling 1000 of them at the moment and then buy back her $5000 allottment to replace what she has sold, and make a quick few hundred profit .............. I think it would be unlikely that many others are not thinking the same "plan", and that being the case, the sp will have to drop as people take their "quick" profits ............ I could be totally wrong (maybe there is a takeover in the wings .... but why then would the Co be offering a discounted share entry??), but human nature tells me this share must drop (and quickly) at some point in the near future ........... Anyone game to short it???? All the best, and don't drink TOO much over the xmas break!!! Barney. [/QUOTE]

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