SGH
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0.00% 54.5¢ slater & gordon limited

Yes it is, everyone complains about shorters. they are no...

  1. biohope
    632 Posts.
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    28/11/15
    22:18
    Post #: 16502535
    Yes it is, everyone complains about shorters. they are no different to traders that go long by borrowing money.

    shorting destroys weak companies.....hence good for the economy.

    SGH is a weak company when it was $7. It had a lot risk of risk ({it was reliant on an industry to keep on feeding lawyers}...especially risk unknown to CEO and the board. But as you know mighty UK insurance market allowed a lot lawyers to get rich.

    However now Slaters is very cheap at 70 cents. But upper limit now is only $1.50. Long way to go for a lot of investors.
    SGH Price at posting: 69.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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