Some nice big buys this morning, followed by some smaller sells into the bid.
If I am not mistaken, I've seen this pattern before during the accumulation period of the $1's
$4.20 is min fair value as of end of October, $5+ by the end of this quarter. Sp might flip flop around a bit but I believe a mid to upper BB walk will occur as updates come from the AGM and news releases in the coming weeks.
I am still glad we didn't experience a blow off top on the SP graph otherwise we'd be battling a retrace fest right now.
BIG Price at posting:
$4.00 Sentiment: Buy Disclosure: Held