There in lies the problem. The soph's who got freebies were the sellers that started the downward spiral as proved by broker data, so your point is self inflicted. That also assumes that the last raise was their first. Saying they all lot money is a matter of perspective and only if you look at this raise in isolation although the sp traded above 23c for a few days until sophs started dumping. Some of them may have lost money but they chose to sell so its a self inflicted loss. Had they not dumped they would currently be in profit so cry me another river.
Anyways no self respecting retail holder would vote for the freebies. Its simply not in our interest to do so. I believe we are on the verge of a major discovery so 40c options will be another gift in the near future IMO.
IVZ Price at posting:
24.0¢ Sentiment: None Disclosure: Held
