No Ann will not help the share price. At the moment we are again in the price range to be targeted by shorters. Below is a section from my spreadsheet re analysis on SGH. After the lift in price a few days ago my system advised a sell notation. Since, the price has dropped 3.5 cents. It doesn't sound much but at this SP we are looking at approximately 10% variation. This is typical of a shorter target.
I am a long term holder and my average is way above the current price. At this stage my sentiment is no news will only feed the trolls and my system indicates another attack is imminent.
I dearly hope something will emerge on Monday.
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 0 Date Open High Low Close Volume C Var 1 23-03-16 0.2750 0.2800 0.2600 0.2600 4,870,232 -0.0100 BUY 2 24-03-16 0.2600 0.2650 0.2500 0.2500 3,162,714 -0.0100 BUY 3 29-03-16 0.2500 0.2500 0.2300 0.2350 4,695,353 -0.0150 BUY 4 30-03-16 0.2400 0.2500 0.2350 0.2350 3,606,614 0.0000 BUY 5 31-03-16 0.2350 0.2700 0.2350 0.2600 4,507,788 0.0250 OK 6 01-04-16 0.2550 0.2650 0.2500 0.2650 1,939,064 0.0050 OK 7 04-04-16 0.2600 0.2600 0.2400 0.2400 1,599,274 -0.0250 OK 8 05-04-16 0.2500 0.2550 0.2400 0.2450 918,731 0.0050 OK 9 06-04-16 0.2450 0.2550 0.2400 0.2450 1,567,861 0.0000 OK 10 07-04-16 0.2500 0.2600 0.2450 0.2500 2,429,532 0.0050 OK 11 08-04-16 0.2500 0.2500 0.2450 0.2450 1,888,124 -0.0050 OK 12 11-04-16 0.2450 0.2450 0.2100 0.2200 8,786,677 -0.0250 OK 13 12-04-16 0.2200 0.2250 0.2050 0.2150 3,711,909 -0.0050 OK 14 13-04-16 0.2200 0.2400 0.2200 0.2300 2,883,203 0.0150 OK 15 14-04-16 0.2350 0.2450 0.2300 0.2400 1,294,700 0.0100 OK 16 15-04-16 0.2500 0.2850 0.2450 0.2750 7,523,380 0.0350 OK 17 18-04-16 0.2850 0.2850 0.2600 0.2600 3,662,189 -0.0150 OK 18 19-04-16 0.2600 0.2700 0.2500 0.2500 2,700,869 -0.0100 OK 19 20-04-16 0.2700 0.2850 0.2600 0.2700 3,870,378 0.0200 OK 20 21-04-16 0.2800 0.2850 0.2650 0.2750 3,149,191 0.0050 OK 21 22-04-16 0.2700 0.2750 0.2600 0.2650 2,456,460 -0.0100 OK 22 26-04-16 0.2750 0.3100 0.2750 0.3050 10,058,694 0.0400 OK 23 27-04-16 0.3150 0.3500 0.3100 0.3300 13,472,232 0.0250 Sell 24 28-04-16 0.3400 0.3500 0.3050 0.3200 6,205,804 -0.0100 OK 25 29-04-16 0.3200 0.3200 0.2900 0.2950 3,455,746 -0.0250 OK
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