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54.5¢ slater & gordon limited

Class action against SGH ( thread not for SGH bulls), page-115

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Nikec

2,468 Posts.

1

19/03/16

23:31

Post #: 17320086
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Originally posted by chris1983 ↑

I think nikec has put all his eggs in sgh? He was bagging A2M not too long ago. Who would bag a financially sound company with huge revenues that is now cash flow positive and growing by the month but then go all in on SGH? He went in above 80 cents too?

Remember the short positions. They are still covering while adding new positions.

View attachment 157881

Positions are dropping with smaller positions added daily. Be very careful. They are covering to lock in their profit and the price is not spiking..so who is bailing?

They cover because they can't make money in a company that goes under. The short position becomes obsolete.

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Also i just posted my last 3 months of trades.. SGH is the smallest trade there... Not sure where your logic is coming from? Ive even stated SGH makes up about 20% of my portfolio -_-

SGH Price at posting: 27.5¢ Sentiment: Hold Disclosure: Held
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