lol.. Well funnily enough I had a gain from SDL today..
I originally bought at 18.5 sold at 32 and watched in agony as it raced to 50. Prayed for it to hold at 49 and I am fortunate enough to buy back in at 40.5 closed at 41.5.. Bonus!! Ebbs and flows... it is the stockmarket after all... Drilling results shortly I would expect since they started in June. In this roaring bull resources market even if the report read " core samples at 500M were mainly sand but smelt like iron ore" it would be enough to get a SP rise!! lol
Seriously tho, how can this stock be so bad? A couple of months back some brokers in the paper valued it at 35 -50c .... Anything above 35 is a positive and the fact that it is higher shows positive investor sentiment. Not all the stock holders are backyard bob's hedging their Telstra 3 installment receipts!!
SDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held