My view is that even good exploration stocks that go up on good announcements are quickly sold down that day, for a quick profit.These stocks are like a hot potato now and nobody wants to be caught holding them as the paper profit will disappear within a day.
SIR has had a lot of unrealised profits in it and these are now being realised by holders while they think they still can sell at a profit.
This is not good for confidence in the market and one can only hope that things change soon in this regard.
My stab at it anyway,hope it helps.
My view is that even good exploration stocks that go up on good...
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