would think that tomorrow this will gap up again ... today's sellers after the news were likely traders who had got set and happy to take a few dolars off the table. surprised to see it finish under .70, but sets it up for another crack at .80 tomorrow in my book.
That was a great announcement today and a bit of research overnight should see punters lining up first thing tomorrow morning. One things for sure, this is going over $1 sooner rather than later .... would expect it to be at those levels within two weeks when drill hits ground.
what do the long termers here think about tomorrow? and the day after and the week after and the month after .... lol ...its all good.
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held