Business as Usual, page-88

First 88 Last

Share
Profile

Follow
Fishinnick

22,678 Posts.

266

06/03/16

10:17

Post #: 17199625
Share

Originally posted by Londoner ↑

Alex

Lot of unknowns as to how bad or how overstated how bad really is compared to share price. High risk but equally at these levels suggest that risk largely priced in and trading stock and very volatile one.

I think retailers are being played and big boys scooping up. Shorts on way down but equally looks to me good accumulation and not by retailers. And technically looks to me going higher Monday as had share price head up Friday on second higher volume bar higher than Thursdays volume bar. And doubt Fridays volume retail buying as suspect most retailer traders were selling like me who sold fair whack of 26 cent buy on Friday. But yet had higher volume bar and higher close than preceding day. All pretty much indicating going higher and being pushed higher by big players not retailers. Fridays action suggests was too early for me to be selling but as busy at work I have to preset buys and sells - as can't watch market during the day - just like with my 26 cent buy was preset conditional buy and hence did not get opportunity to buy more near low of 22.7 cents.

Technically seems to me should test 45 cents Monday and if breaks through that than will then test 60 cents.

By the way disappointing to see low content posts of your pretty pics from you as same sort of low content rubbish Rod posts - perhaps one of the same.....your other alter ego. Can we avoid this sort of rubbish as just as bad as toot toot posts.

Expand

With you being familiar with the sgh industry, is it possible for them to cut costs in UK and downsize to help them get over the short term debt problem? Last night i was trying to think of the options the CFO has to meet the Bankers requirements without causing too much damage to the business and the SP. Any thoughts, its beyond me because i dont fully understand the business.

SGH Price at posting: 37.0¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Is the ASX getting its groove back? Here's 5 IPOs in September to watch

SKS

SKS secures $20M for extension works on Melbourne data centre

EBR

EBR Systems' heart pacing device on-target to reach the US market

BOE

Boss Energy ramps up as industrial-scale plant build continues; FY25 guidance of 850Klb intact

GDP grows 0.2% in June quarter, but annual growth the slowest since the 1990s