SMY will trade ex div from tomorrow but imo this will not change the current momentum. The sp graph correlates with the nickel price so if nickel keeps going up I expect SMY will follow.
In any event, the punters will want to be taking profits b4 the end of the week so I'm expecting a bit of a dip by then.
I say SMY will rise 20c tomorrow and 15c on Thursday then fall back to around $5 on Friday. If nickel keeps rising then SMY will break through $6 by the end of the year. (Disclaimer: My sp predictions are almost always wrong!!!)
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