Fat Prophet subscribers who joined the stampeded into SAR this morning have been thoroughly bent over by the afternoon's play. Opened at 87, hit the all-time high of 88, then fell back steadily all day.
Also, SAR have just paid out Cauldron Energy (CXU) with 5,000,000 non-escrowed SAR shares for the Wallbrook tenement. So expect further downward pressure on SAR tomorrow and for the next few days as CXU bank their proceeds.
Looks like the FP analyst's suggestion to buy SAR under 80 might actually be viable advice!
