GREY:SGLRF - Post by User
Post by
bnwon Aug 22, 2013 8:30am
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Post# 21688790
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Loading upI have significantly added to my position this week. Until now I have been a reluctant shareholder, having arrived here with my Pace holding and having voted against the merge. I now see things differently. First it was worth whatever price to be rid of Pace management. Too bad they profited personally from their incompetence. The new management appears to me to have a better grasp of things. Secondly, I am impressed by the insider buying. Thirdly, my interpretation of the technicals has been a screaming buy since August 13th, the point it hit bottom/over sold and began its recovery. So now SGL represents 6.7% of my holdings and although I am still under by 90 cents a share, I am confident that I have a very good investment here. Lucky would be those who can get in now without prior, higher cost holdings. GLTA