Today SP, page-350

Don't do it Jim, day trading is a surefire way to lose your remaining capital IMO.

What would be your trading strategy with SGH? Let's leave my long bias aside for the moment. Would you wait until it hits 50c and then short, and then hope to ride it down to low 40s or even 30s? Based on what news?

Trading using technical analysis is just herding or following momentum. It tells you next to nothing about fundamentals, so what happens when the pack gets it wrong from following its patterns. Are you going to hold your short deeper into the red. Unlikely because you'll be trading on margin and your broker will close out your position unless you throw more at it.

By all means educate yourself but there are so many algorithmic trading systems out there designed to take advantage of and close out these trading opportunities well ahead of any retail trader who thinks he/she has the edge.