SGH 0.00% 54.5¢ slater & gordon limited

If you were a hedge fund ? What would u do ?, page-42

  1. 1,276 Posts.
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    But what do most of the bears come here for? It's clear that you're well informed and have spent time to do your research. The company is in the gutter according to you, why even bother? That's a lot of wasted time and energy...

    I had 'skin in the game' and when presented with new information on the company my investment thesis changed and I sold out. Does that mean all that time and energy that went into my research was for naught? Should I just put the stock in the bin and move on to other opportunities? Fyi, I did move onto other opportunities but my point was really to question why one would abandon all that effort simply because they no longer have a financial interest.

    My angle here remains to validate that I made the right decision to sell, which I hope in turn will influence better investment decisions in the future. I can do that day-to-day by challenging other's opinions on the stock and in turn defending my own. I don't know what holder's have to get so prickly about if they can't answer a question about why they continue to hold. Fair enough if they think 80% dilution over 95%, noone really knows atm.

    The ultimate validation with SGH will come with an announcement on the degree of recap, if any, but for now I'm still open to considering other opinions and reflecting on my own decision.

    I also like to counterbalance some of the more repetitive posts that just seem highlight somewhat trivial company or market information that is chewed up, swallowed and regurgitated as company saving.
 
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