Think that might be wishful thinking or "Intern" Peter Deppeler spin myself? I would expect SXY to be under a little pressure if that positive spin does not around 2morrow.
SXY may go back to mid 30s if SXY does not pick up a bit of windflow to its sails. The SXY Habor transaction is not a massive premium but it is still a premium and I would have expected SXY to do better 2day.
Guess others r looking elsewhere to something large or larger than STO, perhaps? It is the only thing that explains a mere 3 and 3 quarters rise to the SXY SP IMHO.
SXY Price at posting:
42.5¢ Sentiment: Sell Disclosure: Not Held