There's more worms in this can than anyone can keep up with.
SGH keeps on saying it'll all take ages to sort out - and that 2H will be it's defining moment.
So SGH reckons it's going to be around for a while - and almost with a positive spinto it's message. One of the reasons I didn't bail last week. I also expect SGH to be around for a while longer.
Joining the lemmings last week and selling at what I perceive to be bottom makes no sense - OK it could be the final nail in my most costly mistake ever. But I've already lost more on paper than I can possibly lose again so why consolidate the loss. Any improvement is dosh I'm recovering - and there seemed to be a turn-around by about lunch-time yesterday.
This SGH story defies all logic and analysis - it's got more twists than a Stephen King horror book.
I'm waiting for the mini-series.
Last week was no fun - let's see what happens by March.
SGH Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held