Shorts gig may be over. why?, page-145

Fishinnick, on many occasions I have offered a reason why the SP has declined.

To recap the perfect storm thesis spoke about numerous times:

* create fear through spurious media/blog claims
* leverage non-relevant Quindell issues and package them as central to SGH
* notices sent to ASIC by those with vested interest
* stock becomes univestable by institutional investors due to under ASIC review
* heavy shorting supplemented by buy/sell trading
* self-fulfilling - interested buyers hold off due to heavy selling believing can obtain a better price, which causes a supply/demand mismatch and increasing decline
* fear sets in and capitulation
* why buy when others are forcing a better price?

The cycle will break when a brave instituional decides to break ranks and make a run for it. Could well be happening this week.

When I have time to revisit assumptions, I will gladly provide worked examples of future cash flows and therefore valuation.

All of that would be hogwash if it wasn't for the fact this a growing business with a track record and established management team attracting new blood in the form of respected non-exec E&Y regional CEO, longstanding 12yr plus CFO operating internationally and E&Y completing the overhaul of accounting function.

Been saying it for months. No disrespect intended but you have been on here for 5 minutes so it is perhaps inappropriate to say no one on this site has worked out why we are at $1.