SGH 0.00% 74.0¢ slater & gordon limited

A New Dawn, page-662

  1. 2,211 Posts.
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    I don't know if SGH is investable yet, minorities have no influence so for me there are better opportunities.

    It sucks for long term holders and I hope Jim can move on as there's nothing to gain from dwelling.

    I suspect that long holders of fraudulent stocks worth 0 will always argue to defend management in the face of all evidence. I would dub this the @DrWho principle as he is the bagholder-in-chief.

    There's no use debating with him as he is always right about everything.

    Carl Icahn had a great quote on Ackman that no-one noticed, he said I wish I could be as sure about one thing as this guy is about everything. 

    Regulators will always be less effective than investors themselves though I am grateful to the SEC for fElon's new twitter nanny.

    Shorting overvalued stocks is a real test of patience, overwhelmingly the vast majority of investment opportunities are for long investors. However this exceptional overvalued market calls for exceptional measures.

    GLTA

 
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Currently unlisted public company.

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