IMO, if the management doesn’t support a falling price like this there are only two options. Either they know someone is selling off big and it is useless to support (as i said, so much volume) or there is some news coming soon and they can’t buy or ask shareholders to buy.
Me personally I would buy some more at this price, but still scared it could be the first option. Maybe I’ll wait it gets in the green for a couple of days
Ann: Nachu Graphite Binding EPC Contract Executed, page-175
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