Couldn't agree with you more. I've seen this happen so often. I only hold a small parcel but I saw opening near 25 yesterday and had to step away for about 20 mins and came back to mid 30's....Couldn't believe it but yesterday's pull back to 32's is very common pump and dump. I lost a fortune hanging on to CCC waiting for the insto's sell off to bounce back.....They are now a producer and so many have such great expectations but to move forward they are overdiluted and regardless of announcements the SP just gets hammered.
I hope they don't do it to TVN but as far as insto's go they very rarely hang on without taking profits. That's what they're there for. I would much rather see it over and done with and then have some great forward movement...Just like big gaps, they are far better closed sooner rather than later.
GL
TVN Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held
