.. looking at the tread headings JUST on the 21 st July it was:
- time to buy - time to sell - 20c here we come - 75c here we come - 50c is the floor
then we had .....
- new target - dont sell short - SDL a $4b company
crosschecked by .....
- valuations - current substantial shareholders - crystal ball says
lets not forget the.... $1 party at Burswood
just to be sure: we called all the chartists we thanked...Westcott we thanked...Westcott, nectar38, Andres, and Bigstar
we had: - Xstrata knocking - Anglo American and Xstrata knocking...
Sundance was mentioned: - on AFR - on Sbs - on Sky
even... - Dow Jones was implicated
no wonder... - biya in china
and all because - takeover by hanlong mining!
...it really is a laugh when you stop and think about it!
my point?
.... none of these thread headings really mean anything at the end of the day ..SDL's is what it is today and nothing we write in these threads will change the outcome
...some people invest in companies for a quick buck - have a few of these - see a quick buck and a quick turnover....take the money and run ......
...could take the 50c, 75c go to the $1 party but thats not why I'm here...I invested in SDL because I saw the same dream that the management saw,I invested in the men behind the story, capable, determined and inspirational. I wanted to see this to production and be part of the story as they did. How many times do companies come along with this type of story?
...Foolish?...maybe?...definately? in some peoples eyes - but I want this to work...worth much more than the money - I wont sell out because Ive put my money on the man and in my eyes he is a good punt...and right now he needs my support Not for one moment do I think that George didnt know that a takeover was a possibility and being the shrewd operatator that he is that he didnt have it covered.
Yes...I could be wrong and maybe George may be backed into a corner at 50c but hey if the worst investing decision I've made in my life is to back this man...I'm doing ok.
....so why this thread to respond to? Because Westcotts' post summarised SDL management well
"This group of Directors/Management I believe to be different to most Company Directors/Management."
They have my money and my support...
SDL Price at posting:
52.0¢ Sentiment: LT Buy Disclosure: Held
