I guess it comes down to risk vs. return. Considering this stock has burnt a few over the past 18 months, I want to have a decent cushion for potential downside risk.
Honestly, I'm not great at trading. Got burnt by Bellamy's at $10.80 and VTG at $2.27. What I have learnt from these two experiences is that:
1) Shorts are almost always right. So if it is heavily shorted, be very wary!
2) One bit of bad news is usually followed by another.
3) Picking the bottom is hard.
4) Medium-Long term forecasts are just that - forecasts. Do not take growth as a given.
Hopefully ISD has experienced it's last piece of bad news and can move forward with some sustainable profits.
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