SDL sundance resources limited

make no mistake, page-7

  1. 227 Posts.
    Ramping = Myth.
    All ords back 10% since mid Feb. SDL had been in a good solid period of consolidation for the month before around 50c. SDL went down harder the last month because its still viewed mainstream as a spec and they are the first shares people get rid of. We also bounced back harder than most.... and that should continue this week barring macro factors.

    We are hearing more from the shorters lately because of the overall market conditions. As All Ords bounces back over 5000 (and SDL goes up with it.... and quicker too) they will go missing again.

    ST movements and market conditions will effect this share, like every share, for as long as you hold it.

    Great post minestock, the reality section is spot on.
 
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