I am back. So is SGH, page-1963

"My share investments are long term and this one is no different"................

.............yes it is - it is as different as it possibly could be.

I have increasingly come to the conclusion you don't have a clue about anything to do with business, investing and quite possibly anything else. If I knew and understood as little as you clearly do, I'd be inclined to hide in a corner and hope no-one asked me what I thought about anything. That way I wouldn't show myself up. As it is, you are a danger to yourself and all others who listen to anything you say. You have caused untold financial damage to anyone who was naïve enough to have heeded anything you have written on here ever since you first started posting. The clear evidence is that you have called this share - and the direction it is still heading in for totally understandable reasons - consistently wrong.

Shareholders are totally and utterly in the hands of Anchorage Capital who can do anything they want, because they have total control. If their proposals are voted down, it will be the equivalent of turkeys voting for Christmas. If shareholders accept, they run the risk of the company being taken private and left holding shares they have no market to sell them in; so any offer AC makes to buy them will be better than nothing. It's called 'Hobson's choice'. All value has gone for present holders because SGH couldn't open its doors for business without AC's money.

My guess (it's all it is) is that Anchorage will quickly get rid of the remaining 4%, who will be a nuisance to them, by taking SGH private, before then taking steps to get some sort of shape to the business in order to be able to IPO it some way down the line. Employees can be incentivised with shares in the IPO (if they choose that route - trade sale of the different parts is also an option but AC won't want to share the spoils.

One thing you can bet your bottom dollar on is that no-one wants your shares. The declining price (it's still way too high considering what's likely to be in store) is telling you that.

Not that you'll understand because you think SGH is a good long term investment.

You couldn't make it up. The bottom line is that insignificant minorities aren't worth the paper they're written on when one shareholder (or a group acting together) control the show. End of story.

all imho