SGH 0.00% 54.5¢ slater & gordon limited

Short Selling Gross Sales as a Signal?, page-91

  1. 4,774 Posts.
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    Sorry, and as a holder I don't even want to say this, but in the absence of any sort of market update/guidance, this will continue to drift slowly downwards until it is seen as cheap, which is probably where the share price gapped up from.

    Management have no credibility, and as such there is no institutional buying....just mum and dads playing pass the parcel trying to gain a pip here or there.

    It is still incredibly risky, but one I am willing to take based in the support of financiers.

    10 straight trading days withou a green finish.....maybe the odds say it may well happen soon, but I can't see any positives in the current trading pattern.

    Milesy
 
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Currently unlisted public company.

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