We alerted readers to IFSL on Friday (http://pennystockgurus.blogspot.com/2009/08/ifsl.html) and today it moved 88%+ to close over a penny. At one point today the stock hit $.0117 before selling off a little into the close.
Just check out the chart below on IFSL, a remarkable rally to date, with likely more gains to come this week:
At this stage there is no telling where IFSL is heading. This could be another SPNG and squeeze the market makers to $.30 or bid support can erode at $.01 and the stock might fall back to prior levels.
Tomorrow and Wednesday should provide a glimpse of what is to come.
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