z20 Stock, IAX – International Absorbents Inc.

Todays’s only StockRagAlert stock was IAX – International Absorbents Inc., which closed last Friday (09/11/09) at $3.35 and was a z20 stock (PES=26). Had you waited for the opening weakness to play out and were able to buy 5000 shares near the low, say $3.34 and then sold at the close for $3.44 you would have grossed $500. Now, since this stock usually trades around 5200 shares per day, it is unlikely that you could have accomplished the above. Even with it trading 21,892 shares today. Also the market maker even tried to bump up the share price at the open to $3.50 which was promptly sold into. So, that said, the stock was up +2.83% today.