Ok I am hearing that it's not your guys fault, the directors lied who woulda thought?
How then do you explain the non-holders who weren't supposed to post on stocks they don't own?
Instead of stop "losses", technical analysis, diversification and "hope" maybe dollar cost averaging into an index fund is the way foward.
I would prefer buying into the next panic because your banks (making up most of the index) may be in trouble when the property bubble bursts.
Seriously though, this game is not for everyone - I don't think anyone here will benefit from trying to beat it. For someone holding STW (SPDR ASX200) the demise of SGH was not a big deal.
SGH
Price at posting:
$3.25 Sentiment: None Disclosure: Not Held
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