I very rarely make comments about the day to day price movements in stocks I invest in for fundamental reasons but in this instance I will make the exception.
You may be right gsw but there could be another reason.
Maybe there is a large holder who needs to sell i.e. he or she has made some poor investment decisions elsewhere and has a margin call on those stocks, or they have to sell out now to use the money for other purposes. To me it looks like one seller maybe two of them at a stretch.
Whatever the reason is, one thing is for sure the fundamentals are getting stronger, not weaker so these poor buggers having to sell now will ultimately regret this.
SBN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
