I'll be selling first thing tomorrow - kicking myself i didnt today ... Why? Here come the shorters.
Greencape Capital - "We believe that equity markets are inefficient; investor sentiment and short-termism (the tendency to seek immediate profit at the expense of long-term security) can mask observable dynamics, leading to mispricing of stocks. This can present significant investment opportunities"
Today's trade reeked of short strategy - small, constant sales then a big sale knocking the price down a level.
Great company, but these bastards wont stop until theyve smashed the price ...
SDA Price at posting:
$3.81 Sentiment: Sell Disclosure: Held
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