Good for you Luap77, I wish I had your original holding.
You probably bought in at low prices.
You obviously did some good research to find this one early on. Next time you get that sort of intuition, please let me know.
Good buying at the moment, which I have been doing, especially after researching what Halliburton are putting into the Niobrara.
It would be interesting to know the real truth behind the director's selling (though we never will), these things don't happen by chance in my experience.
The sell off began well before the overall market decline, so something else was obviously going on. I keep expecting to read an announcement, something out of left field, that explains the mystery.
I hope when (or if) the truth for the sell-off becomes known, that it does not involve ASIC or a legal case.
Either way, above 51 cents (October capital raising) there are still people who will sell and make a profit, but there seems to be more to it than that.
Perhaps we should all chip in, and hire the services of a private investigator experienced in corporate finance and international industrial espionage and dealing.
Has anyone prepared their lawyer? There is a few people following this now, the further it declines the more interesting will be the investigation.
Hopefully it is all nothing, just a temporary storm in a teacup, perhaps a large shareholder selling down over 3 months. So where is the announcement?
There could be institutions massively shorting this stock, and I would like to know who they are, and if anyone inside SEA has been previously made aware of this.
Gw
SEA Price at posting:
59.0¢ Sentiment: None Disclosure: Held
