SYR 2.74% 35.5¢ syrah resources limited

Experience says don’t get too excited -you’ll just end up...

  1. 719 Posts.
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    Experience says don’t get too excited -you’ll just end up disappointed! There should be a rise (dah) but how much and for how many days. The ramifications are still a little unclear although the quick media response would lead us to think it’s a big deal especially for the likes of SYR. Compounding any rise is the recent large short position of course. So today you should have new and existing holders potentially buying adding fuel to those feeling like they need to cover their shorting. A further 10-20% would be good IMO. Once SYR clarify the benefit for them and how quick they might supply any near term orders then there might be further lifts depending on the degree?? We still have Vidalia news coming and hopefully more pressure to get the loan from DOE. China will still be shipping and maybe taking orders through November before any winter slow down? I’m really happy as they needed a boost from somewhere. GLTA
 
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