I am back. So is SGH, page-1447

Here is a summary of the 3 month chart you have referenced.



Are you concerned that the 1.7m (rounded up for your pleasure) in short positions have been closed over the past 3 months represent less than 1% of the volume traded? Does 1% sound like they are dominating the daily/monthly/quarterly traded volume and rushing for the exit? If so, what exactly is your threshold? Would 1 share in open short positions closing represent a material change?

What is the false information being shared around?

Also if I was to buy additional SGH shares I would do it at closing time. Around 4.20pm to be exact. This would most likely be the cheapest price all day.

Here are a few links to educate yourself. Good luck trading after 4:12pm.

http://www.asx.com.au/about/trading-hours.htm
https://www.rivkin.com.au/blog/shar...e-asx-opening-and-closing-auctions-24222.aspx

There are 3 market phases starting from 4pm:

1) Pre-Closing Single Price Auction (Pre CSPA)
4:00pm to 4:10pm

Brokers can enter, amend or adjust trades. I'm not entirely sure if investors can still submit orders after 4pm and have them executed (the Rivkin article seems to confirm so).

2) CSPA
4:00pm to 4:12pm

ASX calculated the closing price during this phase.

3) Adjust ('Overnight trading')
4:12pm to 5:00pm

Brokers may ‘tidy up’ their orders by cancelling unwanted orders, amending orders, etc. New orders cannot be entered and ASX Trade does not execute trades. Brokers wishing to trade contact each other by telephone.