disappointing results market expecting higher, page-19

Well it looks like we are unlikely to reach the highs acheived this morning after all. ...I suspected the market was/is "underwhelmed" with the lastest drill results. Don't get me wrong ..drill results were good but not as good as the market expected. I must admit the bar was set pretty high with the 1st set of results.

I also note that at the time of writing the total buyer and total sellers are or near parity so I doubt a last minute rush on the stock before close.

Going forwards I would expect some continued consolidation around this level perhaps for a few days. The stock is making the transition from a traders play thing to an mid/long term investors foundation stock. This latter group will be the one that will inevitably push it higher. Just as they did with SFR after the inital rush...

It might pay to go back and have a look at the SFR chart just after takeoff to see a "possible" scenario or what might play out here and over what timeframe. Call it resetting of expectations.