hold tight...Don't sell. Hold tight. The markets are a little shaky right now, that's why we are seeing some people get out of the market. However, we're still in a bull cycle and if you are thinking of taking your money out of the market, I suggest you keep your money in SNV because we have very strong support in this stock now. There is a small amount of volatility that shows itself between the trading spreads, but it seems we've consolidated and have a strong invester base.
I've been watching every trade of the day over the last few days. The biggest trend I'm seeing is people are buying up extremely large blocks during these times. We're talking 100,000, 70,000, and 50,000 share orders, consistently.
I'm not a tarot card reader, but I think I can see the future, and I see the next big rally coming that we've all been waiting for. I myself have accumulated a very nice position over the last month, buying on dips and holding.
It's coming... don't sell off your position because these guys will buy it from right under your nose and you'll be paying a premium to get it back. If you're thinking of re-positioning, well that will be a balsy move. I can see a possible reposition a couple of cents lower than the current price, but you're taking a huge chance because we are due for news any moment - and this could be a hard stock to get back into.
-Millionvester