Is anyone using this opportunity to top up on Sundance?
Some of the headwinds facing the stock:
* Rotation of (hedge) fund managers out of commodities - lock in the profits
* Contagion of European debt crisis - Portugal may knock on ECB's door for bailout package (Spain next?)
* QLD flood producing negative sentiment on resources
* Further interest rate tightening in China and other emerging markets
* Support broken
I personally believe in dollar cost averaging - it could be a good opportunity if your mindset remains long-term (i.e. production) and not on the noise.
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