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[sharechat] SCL (Southern Capital Ltd)


From: Phaedrus <Phaedrus@techemail.com>
Date: Tue, 3 Jul 2001 14:36:37 -0700 (PDT)


< I would appreciate opinion from either fundamentalist or chartist regarding 
this stock...disc... hold a few.......... cheers Keith >
  Don't worry about what fundamentalists or chartists think - what do they 
know?   The only really important question is "What does the market think of 
SCL?"
  Well ....... it listed at $1.00.   Now, over 4 years later, it is at 84 
cents. That's what the market thinks of it. It dosn't matter what its 
fundamentals are. It is so thinly traded that I couldn't even draw a decent 
chart, let alone interpret it. 
  Keith, this stock has on occasion gone for 5 consecutive trading days without 
a single sale. When it does trade daily turnover is often less than $1000. What 
got you into it?
               Regards,
                         Phaedrus.

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