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SGP now up 80% off lows.

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09/04/20

12:27

Post #: 43970952
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Originally posted by nosirommit: ↑

haha

Cheers mate.
Yeah I've been waiting for this, no idea that the catalyst was going to be a pandemic, but we're cashed up big time and ready to roll.

Agreed, lots of homework going on
SGP is a good company but I prefer cashed up businesses at times like this.

Reckon we have a fair way to go yet, US markets may need to digest reports of 100k cases by end of next week (based on current trend and assuming they do enough testing). Weekly jobs reports will be painful for some time. 1st quarter GDP going to hurt. Debt markets are the clincher though, if we start to see mass corporate debt defaults then things could get real ugly...

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SGP now up 80% off lows.
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