SDL 0.00% 0.6¢ sundance resources limited

trading perspective, page-33

  1. 60 Posts.
    No disrespect but if you are the trader u say u are u should have taken ur profits at 10c there was only a very limited chance it could get through 10.5 and as all news is now out and it will be a little while b4 we hear confirmation of funding and with 200million extra shares coming on line tomorrow well chances are we will see a push back towards 8c.

    Think of it like this it will only take a few punters who have put in the $5k for a quick but small profit, add to this those who have had some change in circumstances over the last 3 weeks and add again to that those who will just follow the others if they see the price slide below 9c.

    Don’t get me wrong long term this stock is gold but if you know how this puppy operates the writing is on the wall for a retest of 8c before we see 12c.

    That’s my 2c
 
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