Yes, and someone also posted here at that time that because institutional investors bought SOR at the private placement price of $0.30, $0.30 is the floor. I disputed this naive thinking of the poster and guess who is correct again?
Don't be naive too.
Furthermore, if you think institutional investors buying $3M worth of SOR at 0.30 is a huge enough reason to be buying SOR, think about the managing director of SOR alone dumping more than $5M worth of SOR (about 60% of his SOR holdings at the time) since announcing this hyped self-charging project. Have some perspective.
SOR Price at posting:
24.0¢ Sentiment: Sell Disclosure: Not Held
