looks the real deal..., page-111

SIR is a classic example of how higher prices lead to a more viable entity...

And by extension, this leads to even higher prices.

This of course is a model adopted by the entire US market system, where PE ratios are significantly higher than ours for comparable entities...which ultimately facilitates much healthier entities with enhanced capacities to develop, grow and add value for shareholders.

Compare a market where companies carry higher PE ratios and enjoy the associated improved capacities to raise funds, develop and grow (ie the NASDAQ, DOW), to say...a scenario of generally lower PE ratios on the back of an environment dominated by shorting and price suppression activities, severely restricting market-funded development and growth without enduring significant dilution and loss of share value (ie the ASX).

The question of dilution for SIR, and a reason for the usual suspects to attempt to "hold back the tide" via posting a flood of negative rhetoric in recent days, would now appear to be a non-issue...although I still would not be surprised to see a smallish placement put away at some point in the next few weeks, say in the 80c-$1 range, and designed predominately to hook in a few followers and/or supporters.

Paying the ferry man as it were, even though we are already at the other side.

SFR is a reasonable comparison in this regard.

So...after all the fluff, guff and bubble (and mostly agenda driven tripe) from all manner of posters in recent days...SIR continues to rise and in the process, prove that some posters are still more interested in their own views than that of the "market".

Also...I think it is fair to say I have been forced to re-visit my views on certain posters who it seems, attempted to lead-the-charge of denigration of this stock...and the results...with little if any substance.

One assumes to facilitate a trade?

It was certainly an eye-opener to me.

To be fair though, I see the nature many of the posts on this stock in recent days (lol...just look at the tone of the most highly voted posts), as being symptomatic of a somewhat shell-shocked retail market, afraid to speculate, and so used to losing money on anything "long" they cannot bring themselves to hold anything overnight, let along "invest".

I also sense many have become robotic in nature...reacting to all news, and all stock rallies, with the same predictive, rhetorical dismissal of anything that emulates good news or upward prices.

It seems these days, stocks are never meant to rise...EVER...and if/when they do, they will "always" fall back again...and if they don't, the market will throw everything at them until they do!

This makes for an interesting market observation for mine...and perhaps...just perhaps...a sign we are at or near the bottom of the risk-off cycle?

Judging by the disbelief shown by the vast majority on these threads, and abject resistance showed towards what were, for the most part, exceptional results when taken in full context (to me anyway)...it appears fairly obvious that many retailers have lost the capacity to see the wood for the trees.

Good luck all...we are not that far from three figures now.

Cheers!