SGH 0.00% 54.5¢ slater & gordon limited

Huge trouble ahead if cannot hold at $2.50, page-11

  1. 577 Posts.
    Shorting at $2.7ish market is quiet a gamble. Hsp I recalled you did that with sgn in the 50s and now its in the 70s + dividends.

    With no further short term catalysts, I don't see share price going higher or lower in the $2.5-3.5 range.

    Do you really want to short a share that is almost at its 2 year low with eps of 55 cents a share.

    Imo use the 55 eps to buy back stock, I'm ok not getting any dividends for the year.
 
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