I got burnt badly on SIV no two ways about it. I only look for companies with decade+ history of being consistently profitable, which SIV was so this came as a very rude shock. Hopefully an overreaction, unfortunately in their release they don't give guidance as to which operating costs were allocated to GoGetta or SIV so its actually impossible to value SIV on the available information. The reporting combines the two entities even though one is being liquidated.
Directors though are currently buying shares in SIV, which is always an extremely good sign that it has been oversold.
SIV Price at posting:
$5.15 Sentiment: None Disclosure: Held
