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