I remember sometime ago when seasoned investors buy up every mining stocks on sight. That was when gold was soaring high at $650 up to $720s. Everyone was so bullish, until…. clients who have dormant accounts started calling and wanted a piece of the action. That scared me, but I scared them more. Still, it was their decisions whether to invest or not. We're just lucky.
Today, that same feeling surrounds me. Since last week, walk in and some doormant clients would often visit and chatted with me, telling about their uitf's and other form of investments. Most talked about wanting higher returns because they heard this and that and whatever. I told them that right now, the market is spoiling the brat in us. Most gets an A+ in the subject matter Greed101. Most think there is no end to all of this spoon feeding. But once the market will start to discipline us, and cut the brat out of us, I just hope we have the objectivity not to get attached with our portfolios so that without cloud we can react well with reality.
Me and my wife have been loyal Smart users since 2001. We maintain 3 smart numbers; a postpaid line (bill under dispute, smart disconnected my account for a 700-peso unpaid bill despite a 2,500 credit limit), an eloader (which I'm currently using) and prepaid line which my wife used to have (she's now a TM user). Most of my clients are smart users as well.
The stock have been illiquid since 2001.dunno the reason why, maybe investor's perception about the company. what prompted me to buy sgi that time and tag it as a secret stock was that, bullish technical patterns were forming (pattern within a pattern.) for me, that was something that should merit a second look.
n a weekly chart,my thinking is that after 6 years of hybernating, the stock is poised for a decent run. I contacted my good friend, compounder, to analyze the fundamentals of sgi.
the company is cash rich, good and sound fundamentals so to speak. however a good friend YM buddy of mine, slick, noticed that the company havent fully utilized their cash hoardings yet. so i guess, having lots of cash around has its pros and cons as well. 
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