RE: turd of a share13 Oct 2014 11:42
You simply can't say that a few months after flotation SAGA won't ultimately grow its business over the long term, which will have a positive impact on its share price. However, if you invested blindly expecting to "stag" the new issue and take a quick profit based on its reputation/brand then you're a sucker. You'll join millions of other shareholders (me included) who learnt the hard way by investing in well marketed IPOs and coming out with a loss. C'est la Vie, but use this experience to learn if you decide to invest again. Good luck.