Quote right that's my feeling also there may be an opportunity to buy once the balance sheet is fixed. We should find out fairly soon.
I worry about your advisors Jim, I recall all the big analysts recommended SGH - the pressure to buy was intense. Right now the stockmarkets are extremely overvalued and it's a time for caution - there's too much leverage in the system and it's bloody terrifying.
There's a lot to be said for the low cost index funds especially if people have the readies to buy them during the next financial crisis. Most people shouldn't pick stocks themselves.
At the least subject your advisors and paid managers to scrutiny with extreme prejudice. Make sure that you don't pay too much for anything.
GLTA.
SGH Price at posting:
25.5¢ Sentiment: Sell Disclosure: Not Held
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