Silly & negative posts? Its called a "sell" sentiment, just because my view is different to yours is no reason for you to abuse or disrespect. You shouldn't be investing in shares if you are emotionally attached. Turns out i was correct, SBM took a large beating today.. down -10% at one point. It is likely to continue up until the $1.00 mark we will see if the support levels can hold.
I dont need anyone's shares. I use IG Market CFD's which are independent from the ASX. It allows me to benefit from a down trend and its leverage provides me with larger exposure to returns/losses.
FYI gold down trend will continue If you havent noticed SBM has been dropping significantly more than the XGD (gold index). This indicated the price is inflated compared to its peers, a lot of hot money leaving the share. Hence why i have shorted this stock and so far so good.
SBM Price at posting:
$1.17 Sentiment: None Disclosure: Not Held