I don't agree. On what basis do you think the sellers are the "big end of town".
Here's what I am telling myself right now.
1. Youve waited too long to get out for a measly profit.
2. The fundamentals have improved in the last week, far more than the small increase in current SP
3. The sellers right now are either still taking profits (there was much buying sub 40 cents for last several months) or reacting on an emotional basis annoyed they didn't sell at 48 cents and wanting to salvage some profit in fear that we will get back to the 30s again
4. The likelihood (IMO) that we do not see another surge towards 50+ cents in next few weeks is very low
5. The likelihood that if I sell now and regret it in the near future is high.
6. The risk associated with a quick profitsell now and get back in lower)is too high as compared with the risk of missing out on the next upward surge
6. The current (sad) retrace down is due to emotion - traders and bots LOVE THAT and prey on it ...they know that emotion amongst MEO holders has been extremely high - that is why they are here. Right now those who act with a cool calm patient head will be rewarded
My view - for what it is worth
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