RE:Theories ronnie... can't help buy respond to your heartfelt post. Welcome to capital markets....Toronto/London....very liquid and populated by pro's. There was hot money that played the momentum leading up to the earnings release - that normally sells into strength ( good trade) then will short when they sniff buyers have filled their pockets.
if you were not watching day to day.....you will not see this on the steady "monthly" chart in a few months.
normally, they would drive it down on earnings ....but the macro and micro stars aligned.
great buying opportunity for nimble minded funds that will be buying.
give it the weekend for the asset allocators to enter new numbers into their models.....then, if POG is our friend........
what could go wrong?
biker