some advice that will help you all make the right long term decisions on stocks is that when a GOOD company is being shorted, welcome it.
buying up stock when it has fallen 10% + as a result of heavy shorting is a gift to a value investor.
shorters eventually need to cover the stock and while people buy up available stock during a heavy short the upside becomes highly explosive and as you have seen SDA jumped 35% in that last 2 weeks
the trick is getting the timing right, let the stock suffer and avg down your position and you’ll find it becomes a winner over a 6 month period
SDA next stop is $1.50 and IMO is worth about $4 at current market valuations and sales forecasts which is 4x the current earnings
hope this helps
SDA Price at posting:
96.5¢ Sentiment: Buy Disclosure: Held
