SGH 0.00% 54.5¢ slater & gordon limited

Who the hell is buying ??, page-184

  1. 23,128 Posts.
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    Denbo, you are one I do really feel for and I felt exactly the same as you. I finally liquidated my position at 22 cents on dilution and fraud concerns. Oh how I got told how I was a mug punter to sell at the bottom. I think the real mug punters are still in this company after the strong warning the company is; still bleeding cash and will be the whole year, recapitalisation is coming and banks are in control of everything.

    You replied to my post I sold out that selling then gave me options with crystallised CGT losses and if things really turned around I could always jump back in without risking losing more or all my money. IMO it's time to get out at least for now and sit on the fence until some clarity. Anyone who buys before the report is just a high risk gambler plain and simple. They may win or lose everything...I'm happy now sleeping well since I sold.
    Last edited by jimk3758: 18/02/17
 
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