The first warning sign to get cheap SRGE shares ha
Post# of 9903
Posted On: 04/16/2015 5:00:38 PM
The first warning sign to get cheap SRGE shares has been given by the first writing off of BGL. With that we can construct a new timeline:
1) March 31st annual report- 1st writing off impairment--> warning sign (1)
2) Today 16 april 2015
3) April 29th interim report- 2nd writing off? --> warning sign (2) ?
4) press release?
1)..........2)x...........3).....4)
We are now at 2). The second warning sign will come when BGL
writes off the remaining impairment. If that happens on 3) then
that will be the second warning sign to still get cheap shares. There
won't be any more warning signs after that. The press release can come
suddenly so if you ignore the second warning sign, it will be like the wild
west to scramble and get shares on the grey sheets. There are 3 options as I see it:
1) Get SRGE shares between now and the 2nd warning sign (safe and cheap)
2) Get SRGE shares right after the 2nd warning sign (safe and a little more expensive)
3) Get SRGE shares when a press release hits (unsafe and expensive)
At 3): remember there's no bid and ask that we can see on the grey sheets.
We have no level 3 and only brokers can see the bid and ask. Imagine when the news hits and 100's of investors calling all their brokers at the same time to get a fix on the bid and the ask. They will not be able to get through their respective helpdesks!.They will be trading blindly and this is something you have to keep in mind.
Choose wisely....
1) March 31st annual report- 1st writing off impairment--> warning sign (1)
2) Today 16 april 2015
3) April 29th interim report- 2nd writing off? --> warning sign (2) ?
4) press release?
1)..........2)x...........3).....4)
We are now at 2). The second warning sign will come when BGL
writes off the remaining impairment. If that happens on 3) then
that will be the second warning sign to still get cheap shares. There
won't be any more warning signs after that. The press release can come
suddenly so if you ignore the second warning sign, it will be like the wild
west to scramble and get shares on the grey sheets. There are 3 options as I see it:
1) Get SRGE shares between now and the 2nd warning sign (safe and cheap)
2) Get SRGE shares right after the 2nd warning sign (safe and a little more expensive)
3) Get SRGE shares when a press release hits (unsafe and expensive)
At 3): remember there's no bid and ask that we can see on the grey sheets.
We have no level 3 and only brokers can see the bid and ask. Imagine when the news hits and 100's of investors calling all their brokers at the same time to get a fix on the bid and the ask. They will not be able to get through their respective helpdesks!.They will be trading blindly and this is something you have to keep in mind.
Choose wisely....
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