There maybe a silver lining for the retailers who are selling. Maybe the insto’s are buying. Not sure as I don’t have broker data but Bank of America aka Merrill’s have been buying up as disclosed by there filed notices. By memory they hold circa 50 million or close to 8% of the stock.
Further, the directors or senior management have not been selling otherwise they would need to file. So, there maybe some hope in holding. Time will tell.
OSL Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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