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54.5¢ slater & gordon limited

How Low Will it Go?, page-24

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Mightyatom

3,147 Posts.

04/09/15

11:08

Post #: 15935158
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Originally posted by InvestorNotTrader ↑

I understand the arguments on both sides of the trading halt (or lack of) decision.

It has many, many ramifications and a massive decision in this particular circumstance. I don't even wish to go into it as will turn into a long post (some readers complain about).

But, at the end of the day, did you enter into a stock having performed good research and conducted thorough due diligence and entered at a SP level at a discount to your own valuation? If so, and if trading halt is not called and panic occurs, 'opportunities' present. If not confident in own research/due diligence, confidence shakes.

I'm very confident My holding period is not short term (nor medium term).

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Yes, very good point. I don't know what I was thinking!

I normally harp on about being solid in conviction and don't be swayed by gossip. In that case I should have total faith that ASIC will not uncover anything serious and therefore trading should continue. And I do have faith nothing earth shattering will come out of it.

In all honesty I don't worry about the SP dipping as it has because I am convinced there is good value and the company has a long future of growth ahead of it.

My big problem is to stop buying the damned things, bought more at $2.84 today! It looks such great value I can't help myself but I am way over my ideal allocation on this stock now.

SGH Price at posting: $2.84 Sentiment: Buy Disclosure: Held
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How Low Will it Go?, page-24

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Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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