SGH 0.00% 54.5¢ slater & gordon limited

I have been trading SGH since early Aug 2015 and have profits...

  1. 443 Posts.
    I have been trading SGH since early Aug 2015 and have profits outside my current parcel of just over $21,000

    My current parcel of 160,000 shares on the close today is showing exactly touch over $30,000 in the red, so on paper I am at this moment $9000 in the red on SGH, which effectively is as if my average was $0.746

    I'm quite happy to hold 160,000 shares with an overall cost per share of $0.746
    I am concerned that any further bad news will be used to fuel further carnage, but I also believe any solid evidence that the market has over-reacted will boost the SP significantly, I am obviously betting on the latter at this stage

    Disclaimer
    Just sharing the thoughts of a very amateur trader, not financial advise.
    Last edited by Tcell: corrected my maths :) 27/11/15
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.