I wouldn't go so far to say that I have faith in the company, just that I have not completely abandoned all hope. Today's announcement of suspension was to be expected and hopefully somebody is trying to negotiate a way out of this mess. The only reason I haven't lost all hope is that the outcome of this negotiation is not really predictable. That's pretty much the extent of my faith/hope.
Don't get me wrong, I too feel strung along and deceived, and have accepted that most of my investment has done not much more than paid the salaries of John Begg, Will Satterfield, etc., who both left the company for "personal" reasons.
Cheers. Let's hope we can at least get some cash back and use the loss on the rest to offset wins on other specky punts (can't say I'll be taking many such risks in the future, have learnt a tough lesson with SGY).
SGY Price at posting:
30.0¢ Sentiment: None Disclosure: Held
