Piggy, it is hilarious. I've come to the conclusion IT is just hanging around to bait others. Has IT ever posted anything about the company or industry? Maybe but I can't recall, seems a stream of insults.
IT talks about risk yet doesn't define how it is measured. I have Stddev over various timeframes, comparable to like stock and beta correlated with a number of relative indices yet IT has the cheek to just blurt out naivety to risk. Without tangible evidence I assume IT has no understanding of risk in financial markets. I'm not suggesting SGH is not without risk, on the contrary it is high risk but I can quantify that risk - IT just blurts out insults.
This final point will really stick in the craw of IT. Through tactical trading over the past couple of months I am now under $1 (91c) average hold. So after insulting me for months about my buying in the 6 and 3s I am now closing in on breaking- even on this stock ready for the reversal. Yes there is still a way to go for break-even but very happy with my progress and intermittently between trades used funds for other profitable trades.
So IT - while you crow like a Cocky, I and others get on with researching our company and tactical trading.
Take care
The Doc
Prescription: if loved and lost move on if not prepared to make up. There are hundreds of other stocks to research and look to regain losses. The sticker label on the medicine bottle says stick to original thesis and just five minutes into the hold (7 years) no intention to abandon ship, on the contrary the opportunity is growing.
SGH Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
