re: more downgrades will come xerxes....it depends if you are in...

re: more downgrades will come xerxes....it depends if you are in this as a trader like you said you are or if you are a long term holder like some of us are !!

the announcement today was nothing more than what Senetas management had said a few weeks ago, so the traders sh*t themselves and sold out.

the lower the share price the more management buy in their buyback and you'll see in a couple of days they have been actively buying today.

at current prices this is a great buy in my opinion and the long term share holders will still be rewarded.

also, in a week or two SEN will announce who the new senior manager will be to join their ranks as stated in the announcement today.
I wonder who that will be !!!!!!!