Interesting trading stats on friday which with lower volume were still very solid considering we only traded for 4 hours.
Thursday saw 56m shares traded or just over 9m per hour, Friday with the shorter trading day has 34m traded which is about 8.5m per hour showing that friday still had really heavy demand and buying which just showed how strong the technicals are currently for SIR.
The 2 day total is a whopping 90m shares traded, im wondering how many have been ticked away and no longer available on the free market, as the register gets tighter anything is possible when we consider the upside.
Next week could possibly have the 15m section above the first result delivered to the market, if this baby is anything like the first result it will be significant for all SIR holders.
Good luck all longs!!!
SIR Price at posting:
56.5¢ Sentiment: None Disclosure: Held
