I think Shorters were very skillful in picking a period of time that enabled some technical dumping, that triggered a significant number of stop-losses on strong downward momentum. Company reporting a weak energy sector performance, further big debt from substantial acquisitions that are yet to justify the consolidation, limp organic growth, all coincided with a decent technology stock correction in the US.It all comes down to whether SDA can earn its way out of debt quicker than analysts predict.
I bought some more at 3.12 but I don't feel confident the pain is over. I'm only a newbie to SDA though and looking long-term.
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