I'm not even going to think about selling SIG until after the AGM (at the earliest) - 13th May. I will not be swayed by one mans theory against the companies actual forecasts/economic forecasts. Hopes are continuing to build for a great economic rebound. Selling now would be like jumping a ship that's not sinking
Agreed, this is all a load of tosh - some just want to push prices down by causing some imminent panic. If it were this predictable then banks would never lose, but they do.
FY results coming next Tuesday. Be interesting to see if sentiment builds this up in the coming days. Would like to see what the online sales revenue looks like, and if they'll be pushing this option more post Covid.
Seems like a no brainer to top up on SIG. Lots of info out there to suggest that its dead in the water until it regains profit levels. We all know it will