Sold all my SGH shares today, page-147

Sentiment now at its lowest ebb because (a) the long awaited loan negotiation was ultimately anti-climatic, speculation had the sp rebounding back past $1 but it realised only modest gains, and (b) the never-ending pullback after the recent modest bounce (11 consecutive trading dys and counting) snapped people's emotional rubber band. After such a long wait, and with so much expectation riding on that Ann, we are now back near to where we were before the deal was announced. Disheartening stuff indeed.

I suppose Mighty atom logged on each day and felt compelled to lead the cheer squad, but beneath it all he ws no doubt as frustrated and conflicted as anyone. SGH is a spiritual meat grinder, and if it can't crush soneone quickly it will work them over slowly, pummeling and cutting repeatedly until their will to fight is gone. You stand here now almost alone among the bulls and wonder why they have succumbed while you have not, but this is only because you were until recently a bear, and have not yet had the same exposure to Mr Grech terrible engine of wealth destruction. Stick around for a while longer and it will humble you too