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54.5¢ slater & gordon limited

Amazing how you still talk it up even when your at risk of...

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chris1983

13,667 Posts.

1291

19/03/16

23:29

Post #: 17320080
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Originally posted by Nikec ↑

Thanks for reminding me about A2M and BAL... Made 40% return on the way up.. Made almost as much shorting it the way down. My predictions of A2M have been spot on, going up and going down. This is the perfect example of my model telling me to buy A2M on $1 and sell/short it at $2....

Price is still in the range of $1.5-$1.7 which i forecasted. It is likely to remain there for some time, although the ASX 200 rebalance may be intersting as fund managers buy/sell it against the index.

FYI:
http://washpost.bloomberg.com/Story?docId=1376-O3SVE46S972H01-2571AR9NGTA3G9RJ0635PMH4K4

I was one of the first who started putting short bets on this... Fund managers joined in a bit later.

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Amazing how you still talk it up even when your at risk of losing the lot.

Good luck with SGH.

SGH Price at posting: 27.5¢ Sentiment: None Disclosure: Not Held
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