Price started spiking on May 9th, was this random? Nope - RIU investor preso collated all their numbers together and reminded market of their resources. This was sustained for a week or so. Then market *forgot* about these results and market fell as the latest news (from a scrappy tenement) made general public forget about core business and focused on one report.
If May 9th rise was not sustained for a week, that was def a fake run, but it held. And would have continued if market was not short sighted on most latest result.
Again, not fussed - wait for next spod or gold results, both due in a few weeks, then market will focus on the latest shiny result. Will just have to wait it out till then I suppose
PIO Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
