standoff, page-19

Just thinking out aloud...

I would love to be able to see the trading activity from the likes of IGmarkets and CMC et al.

I wonder how many people have long positions with them on SDL?

The CFD providers have to hedge against the trades made and it is also in there interests to have stops hit as much as possible. On one side they have to hedge diectly into the market. On the other they know where your stops are.

I have a LT hold postion on SDL in my super and also a trade only with Etrade and another now in a great position with IG. For my stop to be hit it would have to be a complete market melt down or major negative with SDL, both of which are now highly unlikely.

Just speculating, but just perhaps they may be a large part odf what is going on as if there are a number of long positions they may be exposed to being burnt on SDL. Especially if positive news does eventuate. Their traders would have to do overtime in the real market to hedge against a potential avalanche of buying as would probably occur on news of funding. This could be a costly one for them.

Maybe I am wrong...but who knows.