SGH 0.00% 54.5¢ slater & gordon limited

Who the hell is buying ??, page-553

  1. 4,789 Posts.
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    Pointless me selling now other than to trigger a large loss. Will let it ride for now and hope for a restructuring that is not as painful as it could be.
    Hopefully banks can see that the ship has been turned and just needs a shove in appropriate direction.
    Its sad when you get a 10 per cent rise in another share you own which is larger in dollar value than your entire stake in SGH.
    As said before , stopped buying at 93 cents (except for a bit of trading for quick profit), so in hindsight was strong enough not to lose more, but for some strange reason thought they would pull it off and didnt sell earlier either.Lessons learnt-
    1/ Dont try and catch a falling knife
    2/ Sell out early and if you feel the need buy back in at cheaper price
    3/ If you had a plan and it didn't work then be man enough to say Im wrong guys
    4/Dont be ashamed you held your convictions, but be willing to learn from it

    I still have a glimmer in my eye (watch out mrs c)

    Christopher
 
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