Management & employee hold 25% of share, page-137

I'm definitely going to wait until after the AGM before I make a decision on whether to trade this.

The key element of SGH is that it is a speculative investment now, not a blue chip stock. The cheerleaders that constantly try to sell the idea of SGH being a solid no-brainer are simply full of hot air. There is a real chance of SGH going under, buying now is in my opinion extremely risky and the sp reflects same.

From what I see on the boards every night are two types of traders. One type owns sgh shares and is logically holding onto them; they have already lost astronomical amounts of money (some over 95% of their original equity) and there is no point in selling them now. They are desperately attempting to convince people that now is the time to buy, manipulation, manipulation, big boys want in etc. It is rational considering their position. Clearly their arguments have not been too convincing.

Then there is the other group. Basically traders who are lucky enough to be out of this train wreck, but can see possible opportunity on the horizon. The vultures will come to have a feed, but only after they confirm that there is still some meat left on this dead carcass of a company.