I could of done better in who I trusted that's for sure. The DD looked good based on what the company reported. The outlook looked good and was confirmed by AG himself. AG even said to us in person to trust the BOD (not the shorters).
I have learned a lot Fish. I will never hold a stock that is heavily shorted ever again no matter what. I will never believe that my goals and managements goals are aligned like I did because AG held so much stock.
I will never think of a company Chairman to be a safeguard to ill-conceived thinking. I learned Chairman Skippen wasn't very concerned with SH plight as he took a 50% salary increase. When I think of his "The most rigorous due diligence I have seen" it makes me want to vomit. I just hope this time regulators will take action and aggrieved SH will see justice.
We're getting ready for a short cruise starting this week. Haven't checked with MB in the past few days but last I knew MB wanting to finalise some SGH settlement things before moving on to PP. I'm pretty sure MB will move forward against PP but if not I'll join up with JWS who have already filed against PP.
SGH Price at posting:
$2.81 Sentiment: Sell Disclosure: Not Held