SRX 0.00% 17.5¢ sierra rutile holdings limited

Roger Montgomery on Sirtex, page-111

  1. 2,304 Posts.
    Well there is no value in SRX. It is one massive hot air balloon ready to pop. It was overvalued with a market cap of 2 billion. Is still way overvalued with a market cap of 1 billion. And will be overvalued with a market cap of 500 million. I will pick up a few once it hits its true value. Market cap between 100 and 200 million. That equates to a share price of between $2 and $4. And i am being generous with that valuation. Anything above that price is purely a gamble. I just want the stock to rally one last time. So I can short it back towards $9 and lower.
    Last edited by TeTeTe: 18/03/15
 
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