The market hates uncertainly. Looks like complete failure is pretty much priced in now or assumed until they come up with something, anything to hint that it isn't a complete disaster.
I kind of feel sorry for all the so called 'long term' holders who can't see how deluded they are though, or who think they are fooling anyone. This is no better than betting on any random micro cap miner at this stage. It might be back at their lofty price targets in a few years at best, or it might do a DSH which is looking more likely by the day.
This stock is the perfect lesson in getting out while you still have money (~10% loss at any point should be enough !) and not listening at all to other people's unshakeable stupidity and blind following of stocks. It happens so much here and I just hope too many people didn't buy this junk on the word of the cheerleader squad.
SGH Price at posting:
63.5¢ Sentiment: Hold Disclosure: Held