huge volume

  1. 218 Posts.
    Considering the total value of Indcor, todays volume of over 36 million shares, thus far, looks a little unusual.

    I've been holding a small speculative parcel of ico shares for some time. There is little in actual current value to these shares, however the speculative position in regard to the ethanol industry provides exceptional upward potential.

    Todays volume suggests that someone is taking a major position, possibly to be stocked up in time for the parliament's announcement on their decission of the future for ethanol blended fuel - which is expected before the end of the financial year.

    I am considering to add to my position, but will watch the volume a little longer.

    Can anyone shed some light on todays movement.

    tia,
    Niche1

 
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