Wrong wrong wrong........ This is very silmilar to the tech boom when Packer was going around buying 10% stakes in stocks only to see them all blow up. Remember OneTel. That turned out great didnt it.
Never ever make an investment decision based on the buying of others. Remember these sort of billionaires can afford to lose a few measly bucks.
If markets dont sort themselves out quick smart then no stock will be spared. SDL will go straight to sub 30c.
I got scolded on this thread when I said SDL would fall below placement price. Well we are almost there.
FML not looking good either. Time to pack up and go home I think.
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Wrong wrong wrong........ This is very silmilar to the tech boom...
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