We can speculate and come up with many reasons for the odd price action; some of which may even be correct. These include: Show me the numbers theory, Once bitten twice shy theory and the summertime blues theory. It`s frustrating because you usually have a much better idea as to why a stock moves - especially after the move. It`s also frustrating because stocks typically spike with a hint of a rumor and even false information. I`m especially perplexed because the price action and volume was completely different only a few months ago. We`re all estatic about the news but the market is not - hopefully the market will react once the numbers are disclosed.
Sorry to ramble - I`d stay put and try not to worry too much about the wacky SP action. We`re going to get a lot more signings - that can`t be a bad thing.