Stop losses are for quiters!!
No actually I had hoped that things might be turning at some point soon the whole way down, given the increased scrutiny on carbon, climate change, energy costs etc. My optemistic take on it was that as a company who'd been in the space for years already, at any point SIS would start making money as people realised the need for their services. These guys are starting to look like the only shovel merchant who made no money during the gold rush.
Dan T had mentioned previously that the product is good and existing customers are happy, which leads me to question the quality of the sales side...
This last move though just blows me away. They've been on a knife edge for years, but this move looks to me like the company will be bankrupt within a quarter (likely), or sales have surged since the last statement and this is a bandaid of cash to prop things up while money starts coming in (unlikely).
I didn't complain the whole way, I accept the risk. I only started complaining when they hired a porn star after being too broke to pay an expert.
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Stop losses are for quiters!! No actually I had hoped that...
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