Yesterday Mighty claimed he'll profit if the SP goes down. He announced today he's buying in expectation the SP will rise. Of course, when pressed for specifics he is evasive and refuses to explain how this is all possible.
What he's basically doing is verbally positioning himself so he can claim to have been correct regardless of future price direction. i.e. SP falls: 'aha, my shorting strategy worked, I have made a motza', SP rises: 'aha, my sources were correct, I was right to go long, etc)
SGH Price at posting:
22.0¢ Sentiment: Sell Disclosure: Not Held