Just on the SP movement, here are a few snippets from the first day that SIR traded after the first announcement.....
"man I shot my load way too quick, I sold 2/3 of my holding at 32c (was away from the computer most the day & just stuck the order on in hope after seeing it's morning high, 5 turned to 9 waves up...Doh...at least I'm free carried now. can we push higher?, I'm thinking it should surely consolidate a bit first."
"I hear you F&B, I had a rush of blood after holding since day dot and exited at 28cents thinking how much higher can it go! In hindsight BIG BIG mistake but I'm currently doing some home renos and really needed the cash and couldn't resist the return."
and from a BUYER....
"I think the 45 cents I payed yesterday was the best 4k I have ever spent.
Plenty of sour grapes around going by some of the comments,anyone think come tuseday we will be looking at a company with a market cap of over 200mil?
I expect the results where waiting on will be just as good as yesterdays if not better.
Well done to the long termers and well done to thoes that had the guts to pay a premium yesterday,the buyers yesterday were the smart ones imo."
In other words read the announcement carefully on Thursday or before if it comes early. If they have really hit something, an 8-9 bagger is nothing. SIR was a 100 bagger for some at one stage and an easy 80 bagger for the patient. Those that bought the news, at the high of 45c on the first day of trading after the initial halt, still were able to make a 6-10 bagger, within 4-8 months!!
