RE:Private Placement SellerFabiusCunctator wrote: This huge selling in the last few days has to be one of the placees who took the 6 cent offering which just came free trading. They were sitting on significant profits and just sold down for the profit and for the cash to exercise teh attached 12 cent warrants if they get called. As there have been 3-4 million shares traded this should be near its end. There was singificant market interest in SNV as this was absorbed realtively easily.
Keep up the news flow Management.
We should now see SNV once again testing resistance at 20-22 cents.
why would they sell it all? This not ending anytime soon with no news