Loading up the truck, page-3681

The only reason you're here saying people were irresponsible for promoting selling around the ~20-30c mark is because SGH had their lending extended. Call me crazy but the SP wasn't languishing for nothing, the risks were/are very real (depending on your outlook). It could have very well gone the other way and often has in similar (if not the majority of) times. It's not as if what everyone was saying about the risks of SGH going broke were unsubstantiated. What was unsubstantiated were claims of rivers of cash from NIHL coming through which have since proven to be false - at least to the present day.

To this day I maintain that investing around the 20-30c mark is irresponsible, based on the information available at the time. Just because gambling pays off some of the time, doesn't make it a good investment strategy.