share price, page-35

Baukaw - agree with you that this is a very hard stock to call technically. Howver, remember when the TO was imminent and we had lower highs (every ann was a trendline top) and rumours of delay. The charts screamed "sell" and I didnt because I overrode my reading of SP with what I thought (liked to have thought) was happening. Charting is an art to me, not a science. In fact trading is a "black art" that is intuitive, momentum driven with technicals as another gauge on the dashboard. I think though that TA is still useful and there have been some good calls on it.

Any liquid stock will have TA traders and that can become a self fulfilling prophecy.

I have had a buy in SDL last few weeks as I think that it is settled and can run back to .10 short term. Why I am long is that I suspect that the next ann will be when we dont expect it and we will see a quick run.

Fundamentally, if I am happy not to sell and accumulate, then it is a buy.

While I dont see upside to the tune of Matt's thoughts, I still see great returns. .20 top target. Will need "news" to get past .12 - for sure.