- Joined
- 14 December 2010
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Had no idea about the recent comments but I have bought some in the last day around 8 cents based on chart analysis.
Interesting to see what happens from here.
It was sitting at 10.2 cents then someone called into a Sky Business show asking about the stock. They gave a no-buy due to its non-producing speculative nature and it proceeded to drop. You can see from the charting where that happened. This is a long term buy so it scared off the naïve.
I hold SDL.
Thought there would be a bit more activity in this thread!
Up to 12.5c today for the first time in a while. Happy with my 8.2c buy last week.
Very interested to see how this plays out in the coming weeks!
Thought there would be a bit more activity in this thread!
Up to 12.5c today for the first time in a while. Happy with my 8.2c buy last week.
Rising on volume and strong close at .13 so feeling quietly confident.
That's a lot better than my 9.7.
In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be. The thing to do is to watch the market, read the tape to determine the limits of the get nowhere prices, and make up your mind that you will not take an interest until the prices breaks through the limit in either direction.
Sold mine Friday morning.
Cheers
Country Lad
Contemplating adding a small position at 13c with a tight stop at 11c.
Would only be a small portion of my already decent profits at risk.
hmmmm
Hi Pavilion, Did you go ahead with your contemplation?
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