SGH 0.00% 54.5¢ slater & gordon limited

P/B Ratio is currently 0.23, page-24

  1. 3,147 Posts.
    Sold the lot at 10:10am $0.9975 bought the same volume back at $0.70. Hate to do it but the mongrels are relentless and it seemed so obvious how the day would pan out I would have been foolish not to. Locked in 200k loss but it feels good to be now sitting on an average $0.70.

    It's the biggest loss I have had by a long way in 15 years of serious investing. In a weird way it actually feels good to get the red ink off my screen and stop looking at a c200k loss. The loss is still there but it will feel so much better recouping it from a profit situation than recouping from a paper loss situation.
 
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