RE:RE:SNV
Most posters I see are anxiously disappointed that the expected good news hasn't landed yet. It's your classic confirmation bias at play. I own SNV and am still long as I believe the risk reward is still fantastic. I can't control if or when the deal is done. The only thing left in my control is capital preservation and in that regard I look for indications that something is amiss or doesn't add up. So far since the news, we've had couple indicators, the warrant exercise and increase in general admin costs reported in the Q2 results, both of which can be interpreted as positive or at least in line with what can be expected following the news. I've said this numerous times, I don't understand posters who publically slam the company. Constructive criticisms yes but why the dishing of company and management if you're long. Regardless, something has to give. Again, time and money is running out..... for everyone. Here's to next week. GLTA!