SGH 0.00% 54.5¢ slater & gordon limited

I would buy in at $0.26 yesterday, hence instead of buying in, I...

  1. 456 Posts.
    I would buy in at $0.26 yesterday, hence instead of buying in, I held onto my 100,000 shares which I got at $0.575 early Feb.

    Like many others I tend to be Contrarian, eg ORG (~$3.70), BHP (~$14.50) recently, and thanks for the REMINDER, I do not borrow money to buy shares (no margin loans), and I can afford to lose if by chance SGH goes to $0...Hence I can hold onto SGH for 10 yrs, and like Tomberoll said, if it goes to $12, then I will give Tomberoll $100,000.

    Like some big players who bought in at >$5 in 2015 ?
    The GFC showed that Big Players made Big mistakes. And the small players bailed them out with tax money....

    If it is not Insider trading, then it is a fairly level playing field...IMO
 
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