Australia's largest stock trading and investment forum Australia's #1 stock forum

SGH

Click for more information

0.00%

54.5¢ slater & gordon limited

Broker Data, page-12

First 12 Last

Share
Profile

Follow
brad0990

3,333 Posts.

115

19/12/16

19:46

Post #: 21444185
Share

Originally posted by Tumbleroll ↑

In the absence of earnings guidance, updates re PIP, clarification about tort reform, clarification about refinancing arrangements and likelihood of a d4e swap, in the absence of any meaningful updates, forecasts or any information whatsoever for the company - how can you estimate what is a fair price for an SGH share? how can you determine if the share is oversold or overbrought? how can you determine if the share price has bottomed?

idk, perhaps the chartists can do this (although the occasional TA gurus who pop into this forum say without exception that SGH technicals are terrible and there is probably more pain to come)

It seems to me this thing is driven entirely be sentiment - and I'm not talking about the sentiment of sophisticated sentiment of brokers wearing pin stripe suits and suspenders belts, I'm talking about the raw unadulterated sentiment of commsec retail longs - impulsive greed and mind numbing fear - it's a vibe, a gut feeling

Expand

No one is selling there shares on your gut feeling tumbleroll. You spoke this rubbish in January ~ February and never happened!
Just accept it tumbleroll your predictions have been atrociously Wrong over and over again for buying - selling and the future Of Slater&Gordon.

SGH Price at posting: 27.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

VUL

Vulcan appoints investment bank and M&A veteran to board

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

ASB

Austal snaffles US$450M contract to expand US shipyard in support of navy

There are more pages in this discussion • 449 more messages in this thread...

First 12 Last

Add SGH (ASX) to my watchlist

SPONSORED BY