NYSEAM:SVLC - Post by User
Comment by
goldinontarioon Feb 22, 2014 11:34pm
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Post# 22239337
RE:RE:Shows Strength IMHO
RE:RE:Shows Strength IMHOGenerally it takes a couple of weeks for a stock to recover after a financing. The investment bankers have an overallotment option they will often sell into the market, as well, people have a natural tendency to take the price down to the offer price. After a couple of weeks people realize it is still the same company, but now an improved company with more dry powder to potentially be used for many potential opportunities. I figure by the end of this coming week, the selling pressure will abate and then we will continue our tremendous move to the upside.