I think the market is just showing discontent with the expectation of a deal that was supposed to be signed and announced 2 weeks ago, and at the latest early last week - the fact that we got a junk PR in its place made investors a little bit upset.
I don't think SING is going to be the get rich miracle some of the LONGS seem to think it is but it's definitely going to hit a strong upswing and eventually be valued much higher than it is right now.
I remember originally buying into fitx expecting a quick in/out 20% and watching it drop for 3 weeks while I wrestles with selling, until I was smart enough to do my DD and hold on - 3 weeks of patience got me 100% growth.
Sometimes you have to weather the downside for a bit to get to the greener grass.
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