DOW up over 2% so should have a very good start on Monday and saw data from earlier post that UBS selling heavily because they got shares returned from shorters closing their position and they had to sell them back to market to avoid new substantial holder notices. All part of short covering process. So what we saw yesterday arvo was short covering pushing SP to 1.19 and most likely UBS and/or others selling back to market at near end of day dropping SP to 1.13.
SGH Price at posting:
$1.13 Sentiment: Buy Disclosure: Held
