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0.00% 0.6¢ sundance resources limited

Taboon i knew hedge funds are dumping the stock. It is written...

  1. Gus
    219 Posts.
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    11/04/13
    13:44
    Post #: 11632107
    Taboon i knew hedge funds are dumping the stock. It is written on the Australian Financial Review and i quote
    ".....after the Australian company terminated a $1.3 billion takeover agreement and hedge funds dumped the stock due....".

    There are 400 sellers wanting to sell 61 million shares and only 249 buyers wanting to buy 19 million shares as at the writing of this post.

    Not enough demand but too many seller for the stock.

    Everyone is getting out.
    SDL Price at posting: 9.2¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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