I agree with the sentiment Bob. Although I'm very optimistic about the medium to long term prospects of SGH I appreciate CR or administration are possible, but also think a jump to 1.50 is possible. The biggest question is how much bad news is priced in... I think the chances of good and bad have been taken into account, but I believe the stock has been oversold due to uncertainty and risk aversion by the market at the moment. Therefore if we get one the price will fall a bit more (maybe back to 40cents), but if we don't then the price will rise significantly over the next 12 months.
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I agree with the sentiment Bob. Although I'm very optimistic...
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