on no apparent news. Anyone willing to share some ideas, thoughts, rumors RE the source of buying pressure? FWIW, I accumulated shares in SIF's base, expecting to wait 6 months or more before seeing today's sort of action.
SIF has missed out on the big airline rally and now is catching up. The major airlines have been reporting increased summer traffic and many are pulling the planes out of the desert and putting them back into service.
It could mean an increase in business as these older planes need more servicing. Plus the stock looked way oversold in my opinion. Still trading at only 25%-30% of book value.