SDA speedcast international limited

Hi all,some advice that will help you all make the right long...

  1. 244 Posts.
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    Hi all,

    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
 
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