I sold up on Friday arvo, have held for a while now (not since 5c unfortunately). I agree with those that look at this as long term but in the meantime I am going to try and increase my holding. I am not a trader but this stock is definitely being traded, why should I not follow the obvious trend; good news overbought -> retrace -> support.
I am hoping for 10-20% red Mon -> Wed and a buildup leading into further announcement later in the week.
Only difference is this is a much more positive initial announcement, still see there being buying opportunity below this level before the next announcement.
If I have to eat my words so be it, I'll buy back in for a bit of a loss.
SIR Price at posting:
$2.85 Sentiment: None Disclosure: Not Held
