I agree they are mopping up the loose ends & why wouldn't they.
The stranglehold they have on the share price is amazing (if painful) to watch. The sell side is always 100M + above the buy side & gets adjusted quickly. Plus put in a 2 to 4 M seller on each line & anybody who is thinking of selling capitulates & sells into the lower buy offers.
It's amazing that the DOW has risen from 10,404 to 11,123 in the last 3 days, we have a 57c offer tabled & our share price is what, 45.5. Will go down today (at least on the open), if you look at the sell side loading up.
This doesn't smell of manipulation (much).
Holders will have to realise the SDL price is no longer pegged to the market, it is pegged to in what mood Mr Hanlong wakes up in.......The good news..... as supply dries up it is inevitable the the share price will rise.
Still holding looking for 57c.
M
SDL Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
