I don't mind the ride, as not intending to disembark any time soon.
When the Greece/EU situation was put back in the 'box' (for the time being!), and general market moved in sentiment, I thought I may not be able to accumulate further SGH holdings at price levels I was aiming for. With today's movement, I 'may' still be able to add further holders, but time will tell.
I was just hoping to benefit from 'the most discounted prices' for SGH with the over-reaction IMO to Quindell, to maximise returns on the rebound. Still my aim with this particular stock.
Just a matter of time before official news is released.
"Bad news travels fast", hence the quietness does not concern me one bit. Mr. Market on the other hand, the hypersensitive Market it tends to be, does not like the quiet as much as me and resists increasing SP levels above $4+ (and trend back up) until it hears some definite news from the regulatory bodies.
My advice: Stay calm. Leading law firm, per probability, will NOT have left itself as exposed as Mr. Market has penalised this stock.
GLTA.
SGH Price at posting:
$3.60 Sentiment: Buy Disclosure: Held
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