Based on what do you think there is recovery from here???
Clearly the company has not indicated that and clearly staff cuts and office closures do not indicate that. I don't have a problem changing sentiment when justified but it's not justified now. Reality is SP should have dropped on the recent poor report. If this is a relief rally I don't know how much worse people thought the report would be. Personally I think this is the middle of a suckers rally and it will roll over soon. Good time for day traders while it lasts.
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