I think the hedge-fund managers are exiting their shorts and considering flipping. Retail shorters will get a little bit burnt though no doubt have done extremely well they will have ample opportunity to get out as this is only going to go back up in a series of higher high lower low rises each one perhaps the 15-20 cent range each day my prediction with day traders profit taking all the way up.
Think about it, if you were a hedge fund manager, this is the time to flip, the music is running out, people eyeing off which chair to grab when it stops.
SGH Price at posting:
$2.05 Sentiment: Buy Disclosure: Held