SDL 0.00% 0.6¢ sundance resources limited

Mate,I think that is really naive. None of us here are likely to...

  1. 15 Posts.
    Mate,

    I think that is really naive. None of us here are likely to be trading 10mil volume parcel of shares. How do you possibly imagine we can hold against a tidal wave.

    I think:

    1. Situation in Nth / Sth Korea is rapidly escalating and getting worst.
    2. Eurozone problems are getting worst (Portugal next cab on the rank). Ireland just turned a bank problem into a govt problem. They just agreed to debt that is the equivalent of 50% of their GDP !!!!

    In a situation where the macro gets worst small caps under perform large caps. In exactly the same way that when things get better small caps do better than large caps.

    I think in the short term, while I would love to see SDL stay high, it should come off. I will look to add to my SDL positions at 30cents.

    Fingers crossed that does not happen, but I think the % chance of SDL going down is higher than it going up in the short term.

    Cheers,
    KJ

 
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