"Pink fluffy unicorns dancing on chainsaws", as my son likes to...

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jhmos

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23/02/17

12:18

Post #: 22841702
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Originally posted by sohei ↑

Not telling anyone currently holding whether they should buy, sell, or hold - that is for the individual to decide.

But noting that those still holding and talking this stock up seem to make reference to emotive reasoning as well as sprouting about limitless possibilities and fantastic outcomes how if the creditors would only write off hundreds of millions of dollars you'll all be rich, or at least get your money back. To that I would suggest that while there is still time, try and detach yourself from the emotional, look at the distribution of possible outcomes from remaining in SGH, selling your holding in SGH, or buying into SGH and try and hold opposing views in your mind at one time and start to think probabilistic rather than in terms of possibilities.

What is the probable outcome of each action and which one offers the best probable total return? - both capital and income, and what is the risk of each option? - both in terms of losing your stake and also just as importantly what is the risk of not achieving your goal for this investment - and how will all of that impact on your whole of investment strategy.

It might just change your thinking, it also might not, but at least you'd be making your decision on solid judgement rather than hope borne of desperation, which is understandable, or else the ridiculous fluffy unicorn wishful thinking that often gets posted here as grounds to stay invested.

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"Pink fluffy unicorns dancing on chainsaws", as my son likes to say. Thats what us investors are like sometimes.

SGH Price at posting: 16.3¢ Sentiment: Sell Disclosure: Not Held
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"Pink fluffy unicorns dancing on chainsaws", as my son likes to...

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