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
SDL Price at posting:
37.0¢ Sentiment: LT Buy Disclosure: Held