I have a lot of reasons to kick myself for not catching this but I have simply not been able to figure it out. Everytime I try to reconcile fundamentals with share price, I get it wrong and the stock gains a billion % on me.

Take a look at this chart:

WHO IS BUYING INT?

INT was definitely a trading stock for a long time but somewhere over the last 30 days a group or fund decided they wanted to own this at all costs and steam rolled everybody in their way.

As such, at least some of this comes from short-sellers that have been squeezed into ridiculous and furious covering.

But that still leaves the question of who is behind this MASSIVE push. Today's action alone is equal to about $70M in purchases .... this is way beyond excited retail investors .... and I have to conclude this level of buying is actually coming from Americans that wanted Ortso but got rejected last month when INT decided to go it alone.

I don't see any other explanation. I've watched many juniors run on massive gains and decent volume that squeezes shorts - but this is another beast all together ... and I still can't get a handle on where it goes next.

On the one hand, my playbook says any stock that goes parabolic like this becomes an instant short candidate. It could fall 50% by the end of next week.

On the other hand, if the American thesis of buying volume is correct, this could very well be the beginning of Canada's first Web 2.0 value explosion and INT could be sitting at a $1B valuation by end of summer.

I HATE sitting on the fence. I always weigh both sides and PYMWYMI (Put Your Money Where Your Mouth Is) .... This is one of those rare times I can't make the call and will sit back for the ride.

Naturally, my sincerest hope is that AGORACOM members score an even bigger boat load, so I'm cheering for the bull scenario.

GLTA!!

George