$1 within 2 months, page-128

I can think of many reasons for this.
1. Large investors do not respond to news paper articles. They are waiting for company announcement. Only they have the strength to push the SP into $ territory.
2. Many medium level investors are holding SGH as the largest component of their portfolio. Buying more will make their portfolio unbalanced. Now they are just observing and not buying.
3. Many shorters knew that the company is going to survive and hence closed their short position when SP was trading 21-25 cents range. So, no short squeeze.
4. Many small investors/punters know SGH is the bargain of the century and they are buying, but they do not have the fire power to push the price up against someone big who is accumulating stealthily and keeping the lid on the price.