Absolutely agree with u , because if you see the company financials and their reports, the directors who have only bought and never sold, their future plans including debt repayments, can they produce growth in this current economic climate, they are well taken into before buying.
Everyone should feel, alright this is the stock to hold in this volatile climate for mid-long term and i can feel that with this SSM.
What's happening now, is after ex-div people exited more than people bought because they wont get divi and this is being used by the manipulator/ accumulator/ capper/ bots to play with this stock, i'm seeing even the short sales everyday, till now almost 40% shorted this week and they will get burnt one day.
But i've got enough stock to hold for now. There are lot of people who are waiting in the sidelines, so i wont consider the market depth.
To panic sellers, u bought this stock without any research/ consideration that's y u r selling. To intelligent investors, u guys are lucky to get below 30c. Good on ya. To people who are sitting on the sidelines, get in before its too late
Cheers & pls for god's sake dyor, dont follow this fool suggestion.
SSM Price at posting:
26.9¢ Sentiment: LT Buy Disclosure: Held
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