Absolutely agree Jack,SUD will die or fly on its own merits. I...

Absolutely agree Jack,

SUD will die or fly on its own merits. I hope it does well.

It just makes me laugh when I see people blame DTs for retraces. The major selling would be more likely to be from someone who accumulated at a low price expecting a big bang from this announcement but didn't get one. They would have sold the news, whatever the reaction.

'
I have never criticised day traders for their strategy because its a strategy, but I happen to think in this case they are silly and will only be getting back in again at much higher prices.

Surely as a daytrader one sometimes takes a medium term view.'

They can't, because then their capital is stuck in a stock they don't want and they miss the next runner, hence they have to use stop-losses.

Those selling SUD at a small loss yesty would have been able to get straight onto another runner and make a profit. Just the way it works.

SUD could easily drop below 3c still which probably wouldn't faze LT holders but would really bugger up a DT.

Just different strategies, not opposing ones.

All the best.