This is the big sell off for sure. To be expected. Hey they would be sitting on a 30-40% profit. If this holds 2.6c with all of this selling it would be a very bullish sign IMO.
I am holding without any thought of selling. I believe there is very significant upside value to this stock.
If you are new to the market, don't be spooked by the SPP selling, it happens every time. I am aware from conversations with brokers that many of the SI's that participate in these discount offers don't even research the stocks. The equation is simple: "I can buy for 20-40% discount to the market. People will buy from me a few weeks later for that margin." It is easy money. Many of these people just move from one to the next - and can you blame them?
Anyway, I digress. Don't think this sell off will last more than a few days and if it holds up well, should be up and away after that...
SBL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
