I'm sure we are all frustrated by the price action this afternoon. I accumulated at 1.17 only to see it dropped minutes later. But let's take comfort in knowing that there's no substantial holder notices so the share register remains roughly the same except new small investors with more patience than some of us 'seasoned' investors here. Also it's nice knowing the short positions dropped by nearly 1/5 meaning their "tools" in controlling the price is weakening. I wonder with Xmas near that it may pressure ASIC to release findings because over xmas/nye break there will be fewer buyers meaning greater risk of price manipulation. I know some of you would say ASIC doesn't care about anything but to complete review on their terms.
I wonder if it'll be a good thing if we avoid HC all day Monday so to blindside shorters who may be watching HC. Paranoid much?
SGH Price at posting:
$1.13 Sentiment: Buy Disclosure: Held
