SPG

[NOMAD1]

For 18 cents a share, is this actually worth it? See that certain Arab companies are thinking of bailing this one out, or is it still to risky, OR JUST A WASTE OF TIME?

[#2]

that would be 83c a share. Now you just have to decide whether they can turn around having a) sold off parts of their business and b) diluted your share holding. I personally adopt a contrarian investment strategy but SPG is not on my list.

[Wizard]

The chart doesn't look too bad, but if the market has the expected correction, it might pull it down with it.

[SimonPB]

chart doesn;t look too bad ?? if you're a downhill skier ??

[Wizard]

Longer term I don't know, but there is a chance to double your money in the next 3 months from current levels. Tough for the skiers.an uphill could be coming!!!

[SimonPB]

sure a chance to double your money in 3 months .. but also a chance to double your money in a minute at the local casino, an they give you free drinks ..

[Wizard]

If it was a normal year when the market goes up forever I would give it 80% chance of success(Run to the 200EMA). Then I will buy u as many as u want drinks!

[kwagga]

Just wondering why an Arab company would bail a SA company out, when things are not well in Arabland either.

[#9]

maybe lining up for a ski-jump?

[Wizard]

For those that wish to invest long term..hope it lands all the way in Arab Land! :)