" I haven't had a chance to read previous reports but someone must have been doing something right to get this up to $7"
- I was involved with a company called Silver Chef. It was over $12 at one point and I purchased at $6. Luckily I sold out at $4 as it was falling. My mum purchased a significant amount (after my I told her not to....) at $2 as she though the exact same thing and had done her own research.
- It was down to 30c yesterday as the company did a very similar thing to SDA. The consensus is that they were incompetent and made some bad decisions. It just got brought out today at 70c. A huge loss to most people but it will be a good buy for the new owners once they sort things out.
- I hope this isn't the case as I have/had about $5000 tied up in SDA. However its smelling pretty similar but in this instance, I still hold! LOL. Wish I'd learnt my lesson on the first downgrade they did.
I still think this is a good business and this looks well oversold so will hope for the best. If not, ah well! Lesson learnt.
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