SVI stock is up on Tim Hortons IPO today - Symbol THI.
The story is Great, however, short term, we would look for a sell off at any time after this short covering spike from shorts who sold earlier this week and also from the CNBC hype that aired on Wednesday. If you are out, look to re-enter SVI under $10.00 and the warrants in a range of $3.90 - $4.00.
We still need the proxy vote approval from SVI shareholders and this will take some time. The Hot Money may exit fast if they become impatient in this lag period; waiting for a proxy vote.
