It's all about optimism and sentiment...You really can't go any lower than the past many mths...so any pick-up is good...But don't forget that we were at this 10c-12c trading level (for 2 weeks or so) when the Hanlong deal fell through and there were massive volumes where the sharks swam in...Then swam out again...
Taking SDL to the next notch, say 15c will probably involve day traders weaving their dirty magic...The power of algorithms and the internet...
Good luck all...
SDL Price at posting:
11.7¢ Sentiment: None Disclosure: Not Held
