Well the short drop below the 74c mark has allowed me to buy more and I presume many others seized the opportunity even as we realised that 74cents was a bargain for institutionals.
The overall volumes traded at these bargain prices has been very low in terms of shares on market and was largely in line with overall market moves.
I see the CR succeeding and a return to more positive sentiment.
SXY is producing, selling and exploring (with cash in the bank) in a field that is nothing short of booming.
SXY is for me a buy and LT hold.
SXY Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held