They( henslows/hartleys) want stock in as tighter hands as possible you don't want guys to flip the stock day 1 and put the sp under pressure
I would have liked to see only 1 million shares traded and minimal selling under .40 cents hopefully the stock went into tight hands
Investors had to plead/beg and state their case or go on past record to get allocations in SE1 the flippers run the risk of being left out in the cold on the next deal/seed or IPO
I think there's minimal downside with lots of off screed buying waiting in the low .30's
I see SE1 trading .40 cents without much trouble in the new year
SE1 Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held