Heaps of trader's technical stop losses got hit. This is the nature of trading on any market.
Having a a long-term outlook for this business, the price actions resulting from short term would appear as cyclical. The outcomes of ST plays does not affect the intrinsic value of the business and as always, I would consider accumulating at these levels to anoher leg up.
I am awaiting for the outcome of this sudden madness. TA will provide insights as why this is so.
In the long term, when the business does well, its stock evventually follows.
"Be fearful when everyone is greedy, greedy when everyone else is fearful"
SSN Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held
