I completely agree that SP guessing is a folly. I only look at trading opportunities as a means of self education and to try to get a better feel for the machinations and movements of "the market". I won a few and lost a few last year but spent altogether too much time disengaged from my family, so I'm cutting back to the med-long term path with a few selected companies that seem to offer opportunity with a lot of the associated risk already mitigated. I'd be better off if I'd stuck with my early purchases and done nothing else.
My 20-22c prefiction isn't too technical, other than trying to gauge the emotional response to the lead up to launch and the psychological price points that will trigger buying and selling. I think it could and probably will go higher but I get a feeling people will hit the jitters if it gets to 25c pre-launch and not go much over. I wouldn't hazard a guess at what will happen after, successful launch or otherwise.
Newcomers, take what you think will be the price at whatever point in time, divide it by a number between 1 and 10, add a couple of numbers and subtract three, then multiply it by the sum of the numbers in your date of birth and forget about it.
SAS Price at posting:
15.8¢ Sentiment: Hold Disclosure: Held
