regardless of your view... a certain element will always go for the face to face contact....
SEL is now trading around $3 or 30% below its May highs.. Both ABN and CSFB have valuations of $5 on this stock....
It seems to me that the market is factoring all this negativity into the price and places a bigger discount than is warranted on the uncertainty...
Terrorism, police raids are all short term negatives that will have very little effect on the long term performance...
i'd suggest this is a great buying opportunity.
I've been watching SEL for 3 months waiting waiting and I bought @ 3.21 , SUre it might not be the bottom, but this is a great growth stock with a proven track record that is beating its own budgets
Get on board while then sentiment is against it Be the contrarian
SEL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held