Hi Roeroc
Agree with your advice, except the bit which reads "avoid the debacle like these". Sometimes things just come out of the blue and a sound investment turns bad (not talking about SGH, just generally). In my opinion, the only antidote is a diversified portfolio with a spread of capital to reduce the the risk of one (or a few for that matter) stocks going bad.
In relation to SGH, as reasonably long term holder I have incurred a significant paper loss at this stage. However, I have other successful stocks which more than counter that loss. I'm obviously not happy about what has happened with SGH, but if it doesn't recover (and it is certainly not looking like it will) then I can look at it as a Tax set off against other capital gains.
Trying to pick one stock or even a small number is fraught with danger, in my opinion. Just my thoughts.
SGH Price at posting:
7.1¢ Sentiment: None Disclosure: Held
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