SDL 0.00% 0.6¢ sundance resources limited

new charts , page-62

  1. 12,260 Posts.
    lightbulb Created with Sketch. 482
    When the big boys have the cash, they can play with us at will.

    Your right they can buy on market (on open for example) buy some 2m shares say at 33.5 as if was certainly played with at the open, then sell into the 33 cent line at 11:06.

    2m shares at 1/2 cent loss is $10,000. They wouldn't even flinch at a loss of this magnitude (I've certainly had bigger losses than this). This gives them a very cheap form of ammunition or insurance to play with the share price & allow them to accumulate at lower levels/ buy back their short position.

    Like Kerry Packer once said if you can keep doubling up your bet when you lose, you will eventually win big enough to cover all your losses, you just need the money to do it..(try it with head or tails & doubling your previous bet amount)..You just have to exit when you win :)

    Anyway I digress.

    Interesting times ahead.


    M
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.