I hope the selling continues, will flush out all the short term traders. This will allow good long term holders + institutional brokers to invest at these levels especially when an insititonal investor HAS paid $1.2 mill dollars at 60c.
If a retailer can get in a MUCH cheaper SP than an insititonal investor who puts his money where his mouth it, it is a no brainer buy and hold.
IMHO, I think the SP will go to a dollar very soon, just look at PO3’s story. Didnt go straight to the premium price that the investor paid at, but took a bit of time and then sky rocketed which IMHO, would happen here.
Its time for the SP to rerate which was smashed in the previous years.
Good luck to all holders.
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