SIPC's limited number of shares in the float, with current high demand, is most certainly playing into the stellar move SIPC is seeing.
SIPC is not being squeezed, but rather seeing a nice organic slow and steady move. The accumulation dates back many months, it's just that recent exposure has brought in extra eyes and created even more interest and buying pressure.
This does not need to cool off in the similar fashion that many are used to seeing when a stock has gone on a hot streak.
Why?
Because SIPC shares have been slowly accumulated for many months now, dating back to April 2017.
Holding the supply, even with a slowing of any demand...price levels can still hold steadily.
Just my two cents worth.
Go SIPC
Rec
News 
Market Data 
Discover 
AI
