The "market" was pretty smart pre-NAK announcement and the subsequent 10,000% price appreciation...
If this magical entity called the market was all knowing then how the heck is there numerous historical results from companies, especially mining companies that have gained, 1000, 5000, 10000% returns. Ask KY, he can provide you endless examples.
Just maybe, the market misses the path once and awhile and MUST correct itself.
Market Data 
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