SGH 0.00% 54.5¢ slater & gordon limited

Interesting. Out of all this down ramping on HC for 9 months...

  1. 1,296 Posts.
    Interesting. Out of all this down ramping on HC for 9 months when it comes to crunch only one 100 K share seller came forward at 20% premium sell price to the market. What does it tell longs and the shorts. well a gr8 story will unfold come Monday next vk..
    Another point aas some one highlighted here B4 is that out of 350 million or so 40-50% is with management and may B employees of SGH.
    Sothe floating stock is only approximately 50% of the stotal stock.
    So shorts as a % of floating stock is around 15% or so which is v v high.
    At no stage management has given any indication/inkling of any doomsday scenario. All they have said so far is that they R withdrawing the guidance and they R retesting goodwill which
    1 . It is a v minor thing these days and that too with SGH as even if SGH lands 15-20% less than guidance it will still be gr8 as there R lot of one off scenarios/circumstances/expnss.
    2.
    re goodwill its testing as i understand is a standard procedure .
    so what is the worry for longs.
    only one. we will have to bear with the stench of real fat shorts burning come next vk..
 
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