SGH 0.00% 54.5¢ slater & gordon limited

SGH, page-97

  1. 2,251 Posts.
    lightbulb Created with Sketch. 54
    Yup they have worn out dentures and bill by the hour but sure they are looking.

    Meanwhile their inaction about previous frauds and moral hazard created by fraudulent bank bailouts, combined with 0 interest rates has created a hotbed of frauds. When people are making money from bubble assets they are too trusting.

    You can't walk five minutes down the street without tripping over half a dozen these days.

    The shorts whose reasoning has teeth have moved on to MDXG and TSLA. They always get sued and those responsible for the nonsense don't go to jail enough.

    To me the solution is financial literacy, I am going to learn to go short because betting against the frauds looks like a lot of fun.

    The legacy of SGH for me is an interest in short selling and my holding in SHJ purchased at 53c (-3c dividends). I never held the stock.
    Last edited by croasian: 20/04/18
 
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Currently unlisted public company.

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