Going going gone, page-389

100% correct Croasian, emotion has no place in investing.  It leads people to develop blind spots when it comes to the apparent financial shortcomings and become enthusiastically and increasingly speculative and greedy, ignoring any inherent risk at their peril.

Taking speculative risks and getting away with it in the short term doesn't vindicate speculatively investing in those companies in the first place.   It simply means the company got away with it for the time being, and so has the unwitting investor (also for the time being), but sooner or later investing in companies with poor financials regardless of early results will result in heavy losses for speculative investors.  

In the current climate investing in SGH is nothing more than pure speculation.   This approach to investing is akin to 'picking up penny's in front of a steam roller' as the saying goes.   You'll put the odd penny in your pocket and possibly more often than not, but if you ignore the steam roller then sooner or later lack of clear headed analysis of the the company you are investing in will result in loss (often heavy loss) if the speculative investor has lost sight of their own ability, or lack thereof as the case may well be, and let emotion, in particular greed, cloud their decision making.