Doc, it is always a big problem if the equity is large as is the case with TSN . Invariably the number of retail lemmings invested into such scrips runs into thousands, it does not take much for the market maker to get them into a tailspin.
Here the co business model is sound, it does not matter for the owners to see 80 percent down on SP for two or even three years and mop up all the weak hands. The problem is retail thinks in terms of days and weeks, owners think in terms of months and years. So once we know the co is sound, no other option to sit tight .
TSN Price at posting:
0.8¢ Sentiment: Buy Disclosure: Not Held