A mate whos a broker of many years with a ridiculolous amount of coin under his stewardship rang me late last week. We talked the normal football, women, surf stuff and got onto work. He mentioned SIR and said its thought a major or insto is buying and seems to be chipping away taking a big slice. He was taking that as a strong buy signal and getting his guys in as of last Friday. He had been watching it from the seventies. I told him I had been watching from the forties, but that was the end of my brag (no cash) so just a spectator.
Anyway Friday is a long time back and I was more interested in the surf and women part of the conversation, but I think he said something about this maybe being a ten bagger for his guys who got in from the ninties.
Thought Id share that one. Treat it as goodhearted gossip, but perhaps nice to hear none the less. I have no interest myself(as I said no cash) good luck guys, i like to see people do well, it happens too seldom nowdays!
Tretch
SIR Price at posting:
$1.17 Sentiment: None Disclosure: Not Held
