I am not worried about the daily movements of the price. As I have repeatedly said from the beginning of my first post on SGH, this company is going to survive regardless of what banks do. E&Y signature just confirms that. In my view, if the banks say " Yes", SP will jump above $1 mark immediately. If they say no, SP will stay somewhere $.20 range until management will come up with a refinancing plan. I do not see any reason to panic.
SGH Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held