I love ill informed and stupid people. Its very simple, the smart ppl spread disaster selling a bit of there large stake, the stupid ppl sell in panic, the smart people buy back in when stock hits bottom.
It will go up again.
Smart people love fear they can taste it, and use it to get richer of the... well less informed.
Nothing has changed with SDL.
SDL was above 60cents before GBG merger, nothing has changed.
1. GBG knew SDL had a unidentified resource before the agreement
2. SDL share price went up due to merger to 75cents and 85cents.
SDL share price will fall now, but it will also recover. So LOL @ all the doom sayers your all a bunch of dim wits.
SDL fundamentals still haven't changed. Sure gbg merge would have proven a great move for both companies i believe, but gbg got cold feet.
SDL for shortterm will go down.
But as the long term goals unravel the share will go back up.
The Managers backing this company know whats under the ground. They just need proof.
We knew this when we bought, we still know this now.
Nothing has changed. The same reason your buying shares today is the same reason ppl bought them ages ago. This is a long term buy.
SDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held