0/10 for staying out and not taking advantage of peaks and troughs.
If there's something I'm enjoying doing its buying & selling while observing how reactive HC posters can be on everyday movements in the SP.
Btw if tomorrow is red I think it could be fair to say that the recent bounce was a dead cat. Hope its in the green though... for mine and everyone elses sake.[/QUOTE]
Not completely out as holding small core holding which slowly and quietly building from the lows and trading from the lows. Yes did not trade yesterday as wanted to see more not dead cat bounce.
I think we could be seeing a rounded bottom but just too early and happy to give up early returns for confirmation.
Risky proposition but I am probably given where share price is at and information I have more bullish than ever on Sgh staging a slow and steady turnaround of their business and improving cashflows.
August results won't be pretty but I am betting evidence of trading conditions and improvement in cashflows will be evident by then.
SGH Price at posting:
37.5¢ Sentiment: None Disclosure: Held
