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54.5¢ slater & gordon limited

You forget ASIC are government bureaucrats. They go slowly in...

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Chesterton

315 Posts.

05/08/15

22:04

Post #: 15757988
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Originally posted by pcyc ↑

Shorts is around 13% increasing since last week or so. Currently in top 8 of most shorted stocks.

As I've mentioned in my previous post, each day of delay of the investigation is putting a higher risk of not-so-good outcome. If SGH is clean, the investigation would have concluded back in July 2015.

Also the shorts are from hedge funds and they have a lot of inside knowledge and an edge. They wouldn't keep on shorting if they are not confidence about the outcome. It's a risk and rewards balance.

cheers
pcyc

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You forget ASIC are government bureaucrats. They go slowly in the lazy and featherbedded public service.

SGH Price at posting: $3.27 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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