Hi Caseyd,Perhaps that may the case under normal conditions but...

Hi Caseyd,

Perhaps that may the case under normal conditions but if I was trying to buy quantity in SBN or any stock atm for that matter, I would be doing exactly as they are. Waiting stubbornly and perhaps hoping that a large holder needs to exit in the near term. Very few would be that foolhardy to chase up stocks for too long in this current climate. It is a bit like the rabbit surrounded by a group of blood thirsty hunters armed with double barrelled shotguns- as soon as the bunny sticks its head up from its burrow, bang, a head no more! I guess what I am saying is that there are predominantly more sellers than buyers in this market so maybe, it could be seen as good policy to sit firm and wear down the sellers patience. It seems to work!

Safe weekend to you,

cheers