Thinking after DOW up 2% last Fri that I would bet open price is higher than close price 1.13 last Fri but with Herald Sun front page news that my prediction for tomorrow is
No announcement pre open:
O 1.05
L 1.05
H 1.25
C 1.19
Announcement pre open (e.g. Substantial holder notice or director purchase)
O 1.09
L 1.09
H 1.35
C 1.28
Because short covering is still taking place, they will throw all they can to bring down SP like they did last Fri so don't fall for that trick!!!
I have conditional orders set up to accumulate more if they fall to lower prices than my prediction and Im sure many of us here do that too including new traders so shorters can't close below sub $1 anymore.
Good evening. Did anyone read my earlier post re UBS that we should have gotten new substantial holder notices from them by now? Also by my gut feeling that we would get very important announcement before Xmas to prevent or reduce market manipulation over 'quiet' festive period.
SGH Price at posting:
$1.13 Sentiment: Buy Disclosure: Held
