Agreed. I don't know who the seller is (sellers are) and I don't know how many they have left to sell around these levels. So if I was a short term investor, I could be stuck at these levels for some time. But if you wait until they're out, it'll be difficult to buy when you had days, months or years to build a position.
Very recently I had a position in another company where I had finally lost patience (after holding for years... could argue there was an opportunity cost there). I can't remember why I didn't sell, but a few weeks later the seller was done and we were away.
Not to say we're a few weeks away here. Could easily be months. I just don't know.
SEQ Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
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