Short Selling Gross Sales as a Signal?

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6
0	Tue 10th May, 2016	28,934	352,377,933	0.00%	7,175,656	0.40%
1	Mon 9th May, 2016	52,330	352,377,933	0.01%	6,296,157	0.83%
2	Fri 6th May, 2016	3,543	352,377,933	0.00%	3,180,125	0.11%
3	Thu 5th May, 2016	50,000	352,377,933	0.01%	3,426,140	1.46%
4	Wed 4th May, 2016	42,160	352,377,933	0.01%	8,343,447	0.51%
5	Tue 3rd May, 2016	320,652	352,377,933	0.09%	18,546,810	1.73%

Attached is most recent gross short sales activity.  So from Wed 4 May where had a share price trading range of 46.5 to 52 cents.  And yet see a low of 38.5 cents and yet next to nothing in new shorts put on from Wed 4 May.

Is this a signal of some news is coming....or can from the broker data see signs of bigger players accumulating which is why next to no new  shorts being put on.  Be interesting to see broker data for last few days and can see why traders pay thousands of dollars to have this sort of data.  I keep wondering what smart money knows that we don't.   Or more to the point what they know that I don't as I smell opportunities to make money around here.

There is a lot of quiet on here about this.  I would like to buy more SGH than I have but need to buy into clear uptrend and reversal which is still waiting to be confirmed.  Hence, I continue to just try and do some research to get more insights into recent trading activity .  As TA looks okay and FA just does not make much senses to be only 25% higher share price wise higher than recent lows when at those pre 2 May announcement we were pricing in effectively short term insolvency / liquidations risks which are now not there.

Thoughts?