IronKing - you are absolutely correct. I have mentioned a few times that we will settle around .25 technically and then launch from there. I was tempted to trade at .29 as I hold a lot and yes, it would have worked. However, if you look at the previous run (under George) back in May 07, the picture looks similar. The danger is that we are very very early in the SP rise - yet we are very progressed in terms of derisk. What that means to me is that between now and end of year, we will see a massive rise and I doubt whether it will be incremental. History suggests that it will revalue quickly (maybe .40 - 45) and then jump to previous highs on further announcements. Production will see well into the $1 mark. The risk you take as an investor is that you bail out of the train, just as it has stabilised and picked up speed. Bad move as you take the highest risk and minimum profit on being proved right.
SDL Price at posting:
24.5¢ Sentiment: LT Buy Disclosure: Held