Although the sp gained 15% over the past two days, we still need to wait a few more days to get a true indication as to how the market values today's report.
Most of you will be aware of my total dislike to some traders who continually trade this stock for a quick buck. It would appear that at least one such trader is not a small fish. Like most here, I certainly don't have a spare 1/2 million dollars to prop up the buy side.
My gut feeling is that a broker house is behind this dubious trading and I certainly do not imply H&P.
At the end of the day it will be a JORC which will invariably set the destiny for the sp and not a handful of sleazy traders who are out to make a quick buck at the expense of honest mums and dads.
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