Everyone I am sure is still waiting for the big volume "flush down".
Yesterday, I lost 1.5 cents and now do I come back again at 36 cents ..hoping it will go to 37.5 cents ? Market now is like flipping coins. nobody knows the direction so I am sure even technical analysts are having difficulty in predicting.
IMPORTANCE OF MEDIA AND A NONCHINESE FINANCE BACKING..
I am sure if JP Morgan is in the share registry, the share price of SDL will be very different as they have access to media that chinese cornerstone investors wont have. If the chinese announce something, there is always doubt and cynicism. That is why after the Hanlong investment, the share price reflected this loss of "faith and transparency and media exposure."
and lastly, media companies wont survive without the support of "big brother" companies so it is a mutually benefitial coexistence.
Just be careful and trade with discipline (unlike me!)
SDL Price at posting:
36.0¢ Sentiment: Hold Disclosure: Held