The market is on a "wave" (not tsunami type i hope!) down and during this cycylical downtrend, every stocks goes down. The impact of japan specially during summer when they start their "rolling electricity blackout" might dampen the market mood for iron ore. Those people who say it will not have a difference should look at the consumer confidence in Japan, known for their frugality are spending less and less.
I believe SDL will go up eventually but no guarantee for long term investor with appetite for risk and strong trust with the management that the share price will not go down further.
Poor CEO now he has to keep on releasing news to the hungry traders to appease them. The massive dilution on shares does not help either. Perhaps, a consolidation of shares (1:10) should help drive out those day to day traders and whingers. It will also clear the registry with more stable investor or else the poor CEO will have to "street perform" to keep the crowd happy and maintain a proper market cap.
Just take it easy guys and dont put 100% on projects like this..money can be made on a lot more company. Never fall in love with a stock or else divorce will be more than a painful financial experience..
GOOD LUCK TO US!
superox
SDL Price at posting:
35.0¢ Sentiment: LT Buy Disclosure: Held
