No I would no voice an opinion as to whether you should buy another 150k units of the stock. That is a decision for yourself based on your own financial situation, and your own portfolio, and your own risk tolerance.
And yes there is price and there is value.
And no sorry I don't equate the current price with value. I don't think the current price reflects an adequate margin of safety to compensate for the future drop in sales and margins. And therefore I don't think at current prices, prices equal value.
In addition, I see little value from a trading perspective, since there share price trend is negative. Therefore from an intelligent traders point of view, there is no value in initiating a trading perspective.
Conclusion: Fundamental investor: No Stock Trader: No
Conclusion: absolutely no reason to be in this stock at this point in time.
SSM Price at posting:
84.0¢ Sentiment: None Disclosure: Not Held
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