Rookie, the short reporting was ended on Jan 31 which show an increase, but we don"t see this report for 4 days after when its release. Look what happen on Feb 01 and Feb 02 as the start of the next short period, you will notice a low share price and high volume these two days. To me this indicates likly the shorts were coverd here but we won?t no until the next reporting the 3 rd wk of this month..
2011-02-02 |
T |
SGR |
2.83 |
2.88 |
2.80 |
2.85 |
0.00 |
824,072 |
1,689 |
2.85 |
2.86 |
2011-02-01 |
T |
SGR |
2.97 |
2.97 |
2.80 |
2.85 |
-0.07 |
1,565,743 |
1,682 |
2.83 |
2.85 |
...................indications are the share is clean of garbage ( fl, shorts ) and is poised to meet targets ( pay bonusses ). Rookie, a gambler or a wise investor that can with stand risk would be adding some margin here. PS" carful of the Pin Stripes shorts Traps7