Forum Topics SGI SGI Sell down

Pinned straw:

Added 8 months ago

Ive just updated my valuation for Stealth and came up with a pretty bullish figure of $1.15 (at least compared to the current market price).

Still, i'm noting here that I will be selling down a large chunk today -- purely for portfolio weighting reasons and to free up some cash. I will still retain a very substantial holding, it's just a bit tough to justify the current 30% weighting!

pubenvelope
Added 8 months ago

Hmmm... down 6% on the news that Strawman is selling..

Jokes aside, you always hear when people are buying shares, but never selling. I for one appreciate the update, thanks. They're starting to get frothy-ish for the meantime IMO. Thinking of selling down soon (waiting to see how markets go) to free up some cash. If markets were to drop again however, I'd be topping back up.

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lowway
Added 8 months ago

Exactly what I did between 3 April & 8 April during the recent tariff turmoil @pubenvelope (if I haven't said before, great handle).

Couldn't pass on selling $SGI @ $0.86/each but then also couldn't resist buying back in 5 days later when they hit $0.67/each.

n.b. I did that only in my SM portfolio, not in my RL portfolio, where they simply weathered the storm. I tend to be very long term IRL versus some shorter term trading in my SM portfolio.

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