Obviously something is afoot here with AYI. Hardly any trades in this company, then all of a sudden along comes a huge shark to clean up all the sellers.
There's probably more leverage here than in SMA. That company from memory got to as low as a cent, whereas AYI is 10 times cheaper than that again. Not that any of that type of mega-increase will make me break even!! Still, definitely a "hold" just to see what transpires.
AYI Price at posting:
0.1¢ Sentiment: Hold Disclosure: Held