Well that was quite a day!
Given that the sophisticated invetstors were issued 24 mill shares yesterday (btw.....I sometimes lay awake at night and dream of becoming a SI!),I would have expected more selling today to lock in a very quick 20% profit (very acceptabe for instos etc)
The fact that they didnt, suggests to me that many expect the SP has a ways to go yet! ........which is a great backhand recommendation for the company.
Management must now be thinking 'this is our time in the sun'
I am a s/h, so please DYOR
Add to My Watchlist
What is My Watchlist?