So now we get another kick in the teeth from a different direction namely Diggers and Drillers recommending selling, even thought at his buy price it’s still up 60%, with some lame excuse it was only ever going to be held for about 12 months, no other real valid reason that I can see. It would seem pretty obvious to me that it’s just to try and partially offset the large losses of three other stocks he’s recommending selling to try and ease the pain for member, shareholders. Gets sadder and sadder to be a member when games like this are played.
But given their expansion, SEA’s huge cash on hand, drilling program, likely drilling program and established heavy duty share holders, some even buying more in recent times, why would you want to sell now? Admittedly not the time to buy at the moment, but seems ridiculous to me, and no doubt regardless will have a slightly further temporary negative effect on the sp.
Like we needed it, tail wagging the dog ? Like to hear other's views ?
SEA Price at posting:
84.0¢ Sentiment: Hold Disclosure: Held
