SGH 0.00% 54.5¢ slater & gordon limited

Thursday is going to be HUGE, page-4

  1. 3,495 Posts.
    Most important thing is yesterday broke the long losing streak and there's now some basis to believe our toes have finally touched bottom.

    The pip-traders were all hoping the sp would rocket today, but how would that benefit LT holders when it would inevitably come tumbling straight back down in a couple of days? Those guys are fair weather friends, pumping up the stock with silly thread titles and unreasonable predictions about tomorrow's trading. Their interests (price volatility, high volume churn etc) don't usually coincide with those of the co or its LT holders.

    Hopefully the stock will now shake off some volatility, build a base and commence a slow and sustained growth trajectory. This will instill confidence in the market and prevent the floor dropping from under our feet every couple of days.
 
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