RE:RE:Strong Bids starting to come into SGH I really like the fact that Haywood and PI are still buyers this morning at this level! Tells you they have faith in what's ahead...
also interestingly, Anonymous that was a seller until yesterday is now heavy on the buy side...
I know it can be any brokers... but I find it odd... did they realize they made a mistake by selling??
Just to remind you, the price rose in the end of January and beginning of February following rumours that SGH was revemping into a marijuana play... Huge buying got rid of sellers (go see the volume for this period). They cleaned the stock... the drop from 0,16 to 0,115$ was on tiny volume compared to the power that drove it up! So someone clearly accumulated millions of shares for a reason... and they started again in the last 3 days and it's continuing today!
If the initial rumours were true abour SGH revemping into a marijuana play, this means SGH is dirt cheap at 0,16$... will we know soon if a deal has been struck and that is the reason it's coming alive once again??
if it's the case, 0,50$ would still be cheap folks!! I am probably daydreaming!!
Good luck and hold on to your shares! This looks promissing to me!!