I am a holder of SSM i follow the day traders forum and bought SSM at around 27 cents back before the divi. I was absolutely thrilled with the performance of this share before the ex-div date. Many people told me to hold since it seemed like traders were playing games. I hoped this would of showed the same behavior that other shares that went div around that time like EHL showing and initial drop and then rising again after the games has stopped.
Even though I am still up and have the div im sure you can see that i have lost a lot during this week compared to if i had sold before the div date.
Im hoping that someone with a bit of experience and knowledge has an intelligent answer to what is going on. In particular posters like Ipod and Poly who i believe have also invested in this share.
Im young around 20 years of age and i have put a substantial amount of my savings in this share, thus it means a lot to me. Should i sell off or hold out.
And thank you HC posters
SSM Price at posting:
26.5¢ Sentiment: None Disclosure: Held
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