Those 0.9 sellers are very likely the ones who bought the 0.8 c load. This will take time to flush these out, of course then they will reappear at 1.c and so on. But each time sp goes up some shares will be stored and not thrown back into the market. That way sp goes up and market depth will get thinner on both sides. It just takes a looooonnnnnngggg time to get done. We need to be patient, even if we see stocks like BCC or WHN today shooting up and SIR sleeping.
As I mentioned yesterday, SIR is not made for daytraders yet. Still too early for dt, but the right time for a long term investment.
SIR Price at posting:
0.9¢ Sentiment: LT Buy Disclosure: Held
