I must also agree the SIP management did look amature regarding bidding for SYB. I am beginning to wonder if there are problems within sigma itself. Recent announcements have highlight a number of issues for Sigma. Buying the generic business was a hedge against the federal government pushing generics. Profit forecasts in a recent announcement seemed reasonable.
The chart is of a concern at the moment. It is right on the long term support / resistence line. Chart wise SIP has been in in downward trend since Dec 2005. The lower highs and chart wise is concerning.
The next 5 to 10 days trading are crucial to SIP.
SIP Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
