The selldown is less an expression of distaste for the SPP than one of "why hold at $1.20 what I'll likely be able to buy soon at $1.10 and keep the change?" It's trading 101.
90c could be back and I'll load up if it does, only as a bonus to what I've already taken at $1.12. Selling at this price is either a loss of nerve, thinking it will fall further, or nerves of steel hoping that it does. Folly in any case.
Ann: Trading Halt, page-103
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