SDL 0.00% 0.6¢ sundance resources limited

After any share price rise, in a company that has to be...

  1. 39 Posts.
    After any share price rise, in a company that has to be considered still somewhat "speculative", for a variety of pretty well known reasons, you will without fail, observe profit taking. That, and only that, accounts for the see sawing fortunes we currently see in the share price. If, as a speculative buyer, which undoubtadly many SDL shareholders are at this point in its evolution, you see the opportunity to take, lets say a 40 or 50% gain on your money (in less than a month!), you are actually mad not to take it. So all the spec purchasers who came in in the early 20's and 30 cent levels recently, are all cashing out. That is who is selling this stock, for anyone out there who's a little mystified.

    It has nothing to do with the underlying fundamentals which as far as the market as a whole are concerned, are simply not yet fully known or understood, or established. If they were "known", this stock would either be at 1 or 2 dollars, or whatever, OR it would be 1 or 2 cents... or whatever.
 
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Currently unlisted public company.

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