re: is sgw a good stock (gryphon1 read for pil)? Hi mr C and...

re: is sgw a good stock (gryphon1 read for pil)? Hi mr C and X,

Just thought I would let you know that whilst I appreciated your views...I bought a small parcel at $3.24 this morning...a small parcel because of your caution.

So far no regrets...now trading at $3.27 Before I bought I noted that there had been NO Substantial Shareholder sales in the past 12 months and that SUbstantial shareholders hold approx 67.3 m shares or 40.4%.

Also, because SGW had broken through a key technical resistance level I thought they might well travel higher.

So far this morning that has certainly been true with good volumes pushing the stock higher. You might want to give it a second thought...and proceed cautiously with a small parcel too!