SFX 5.65% 29.3¢ sheffield resources limited

drilling the pilbara, page-12

  1. 9,938 Posts.
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    Hard to imagine anyone that truly knows the story selling out IMO. Selling and trading some of one's holding I can see, and some holders will certainly be selling to banking profits, especially if they have ridden up from ~.20c, it is probably very wise to lock in some profits, but to sell out thinking the prospects are now poor is not really likely - in my opinion anyway - I don't see anything on the table to be anything but confident in the short, medium and long term.

    That may well change later, but right now it's all goo I think!

    So, even if it drops a little more, which I don't think it will, no lower than ~75c anyway, I am not stressed and am happy to sit tight, i've never played the stop loss game well - more of a fundamentals trader.

    Cheers

    Cabe
 
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