the last few days have been the most cleverly engineered stock play i have ever seen. you can't tell me that they didn't sit down and strategise the whole event down to the last detail, including making sure of massive and ongoing support at the various levels and pre-determined volume, or that they didn't know yesterday that they would come out with today's announcement to ensure support was back-filled.
not saying they don't have something, but there's something slippery clever in the orchestration....
i consider sir a long term buy - but not at the current price which is way way overvalued given the road ahead of them.
SIR Price at posting:
58.5¢ Sentiment: None Disclosure: Not Held