We will most likely see a build of sellers at.003
I honestly believe this is a game being played to flush out those without nerve.
Someone is buying. Regardless of price, they are still trading.
I know of a company that were approached by a major stockbroking firm. They offered to take all their shares for $6.40
The directors refused because they believed their shares were worth over $8
Today the shares are worth around .95 cents. Had the broker taken them they would have carried the loss form $6.40, assuming they put them on the market.
In saying that, the broking house would have recouped that loss within a month (the director I know said this).
SBN is trading shares and the monetary value is worth peanuts.
It's a game. I am convinced.
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