re: it's starting countdown -4 sacd Hi all - I'm a newbie but I...

re: it's starting countdown -4 sacd Hi all - I'm a newbie but I think there is some cause for optimism for this stock - for one, an insolvency company going belly up is a tad embarrassing for everyone involved in the business; two, the directors have indicated that a refinancing proposal may go to shareholders in August, three, Adrian Duncan has been selling down his shareholding (couple of million) and I wonder if this is a part of any refinancing deal, etc or if he's just looking to reduce his ties with the business.

Anyway, obviously a high-risk stock and any $$ in it are invested on the basis that they won't be coming back!!