I too am sick of the rubbish peddled by all these "non holder - down rampers".
I am amazed that these people get so much air play based solely on their opinion !!!
I like to deal in facts and thanks to Pikapika we have some.
His/her 2 posts on the top 20 shareholders of SDL (#14080062 and # 14080074) got no responses, another amazing thing !!! But we can't let some facts get in the way of a good down ramp, can we ?
Looking at the list from 30 Sept., we can see that when we compare the first 16, 5 stayed the same, 5 decreased and 6 increased their holdings.
When we look at the top 10 of that same list, 2 stayed the same, 3 decreased and 5 increased !!!! Yes, 5 increased !!!
It doesn't look like the people at HSBC, Citicorp, CS Fourth, BNP Paribas or the National believe any of this doom and gloom rubbish !!!
I am now accumulating, if these top companies are accumulating then so am I !!!
I think they have a better idea of how SDL is going and where it will end up than the people who peddle such rubbish !!!
Thanks Pikapika for the insight.
GLTA
P
SDL Price at posting:
4.9¢ Sentiment: Buy Disclosure: Held