RelaxEveryone should relax and stop pumping same thing over and over on this board. What's being posted here has really of little effect on the decisions of investors.
I'll say this:
1. SCG is truly very undervalued
2. We are currently in a bearish market and the prognosis is that this bearish market will continue for a few more weeks/months.
3. Due to this an undervalued stock like SCG is not moving, however it is holding quite nicely.
4. I don't have enough fingers and toes to count the number of other great stocks that are currently undervalued and are trading at 50% discount in this bearish market.
Conclusions: Too much uncertainty in the markets right now. Analysts predict the market to keep declining over the summer that is why investors are hesitant to put their money in now.
Some are saying well I'll start buying now and just average down if the market keeps dropping, while others are saying well I'll wait until the markets find the bottom and I'll start shopping then. The net effect = sideways or slight downward trading this month and maybe next.