SDL 0.00% 0.6¢ sundance resources limited

get ready for market shocker, page-136

  1. 10,494 Posts.
    Hi donedeal, I agree with you on most points.

    We as individuals need to make a call as to whether this is the time to jump in (at some degree of risk) and potentially reap very great rewards or take a cautious approach until more clarify is available.

    In my personal case, I have chosen to jump in now.

    Uncle Warren has said famously "If you wait for the robins, the Spring will be over." Hence I act now.

    Could have acted prematurely. But with an average price so low (others will be lower still), the upside vs downside risk is something I find comfortable.

    The last thing I would suggest anyone do is borrow and splurge on SDL shares. I am using some serious divi money and rotating out of some unliked stocks for my SDL.

    I believe in certain fundamentals (not just about Sundance about regarding the dynamics of the IO market in immediate, medium and longer term).

    Only time will tell. If sp drops below 7c (for a last shae of the tree), I will buy some more.

 
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