RE:RE:RE:RE:RE:RE:Nice Movement
When you have just an average of about 150,000 shares traded daily out of 214 million shares outstanding for SIC, the price set by the daily trading volume is not representative of the total intrinsic fundamental future value of the 214 million shares outstanding.
The 213,850,000 shares not being traded are being held becauce of their intrinic fundamental future value that holders see as far in excess of a current share price and marginal changes on a current stock market share price influenced by short term perceptions.
With a junior technical charts are only of marginal value based on very very short term swings in invester sentiment.