SGH 0.00% 54.5¢ slater & gordon limited

Up %15 and so quiet., page-166

  1. 443 Posts.
    Thats always a risk indeed
    Great news would imply a SP recovery to around $2 imo - for those willing to hold through all the volume and profit taking that will likely occur over weeks to months to get to that.

    In that event any entry under 50c would be astounding imo

    All the above is very hypothetical however and just wild guessing
    The only real point is that for me personally, I dont believe SGH is a hold atm
    I still believe its too risky with too many unknowns, but if that fits your risk appetite go for it

    For example, were I to be in a positions where I had 5-10x the capital to play with on the markets I would have thrown $100K at SGH at 20-25c, because on great news that would make me 8-10 bags in 3-6 months

    Unfortunately I am not in a position to risk $100K when imo this could easily be sold down on bad news to under 10c
    Last edited by Tcell: 28/04/16
 
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