On that note it looks like the shorts are trying to get out according to shortman.
http://www.shortman.com.au/stock?q=SGH
Why are they trying to get out when they at the same time are telling us the share price is falling?
Does not add up does it?
One thing is for sure though. Historically it has been shown that when shorters want to get out they want to create panic and unrest among holders.
Is that what is happening here?
Shorters and their associates trying to talk down the share price so they can get out for cheap? Using 'fear and fiction' tactics?
My opinion is that Friday's SGH announcement was upbeat.
My opinion is also that Watchstone has something coming from SGH. According to their own statement they have written off Escrow of 50mil Pound and are talking with SGH on a number of issues EXCLUDING NIHL (did you get that WE?).
So the shorters won't fool me into selling
All in my opinion.
