Those of us who've suggested 'a bottom' are, I think, on pretty safe ground with our 'guestimates' at around 6 cents. The buy/sell ratio is improving and, as rock86 pointed out, the buyers are stacking up. The SP this morning jumped quickly off the 6.2 level.
Rodney must be arriving soon and settlement of the land sale is now just three weeks away.
I opined a little while ago on this thread that now was the time to climb. One of the reasons why I selected 6 cents was the fact that, at that level, the SP is simply too far south of the recent top (7.9 cents) reached on the 27th of last month in the light of the really tremendous things that are about to happen to SSN. There are times when the 'seat of your pants' tells you what to do, and you just have to make your call. You'd be squirming if you sold now.
As I finish writing I see that the SP is 6.6 cents. (A slightly triumphant gleam inhabits my eye.)
Go for it! We'll be right!
SSN Price at posting:
6.6¢ Sentiment: Buy Disclosure: Held
