one of the SIs that got on during the CR suggested that i pull a buy order i recently had at ~15c on the basis that he thought there might be some keen sellers....i reckon we might be seeing some SIs that got in on borrowed money and did not make the instant stag gain that they thought. combine that with recent dip in market and i wonder if we are seeing some over extended people having to make a couple of forced sells. we'll never know.
to state the obvious - if this is the case then this should move back as soon as the motivated sellers and cautious holders stop selling and the underlying value comes through. shame that the momentum has gone this way though. a shaky CR seems to be a hard thing to trade past unless you have some new news.....glta
SHD Price at posting:
13.5¢ Sentiment: None Disclosure: Held
