$SGSIF warning!!!!
If you have SGSIF shares in a non-IRA account, or in a margin broker account, be sure to put a long term sell order in today before the market opens at about 30 cents for now. That way your broker can not use your shares you paid for, in free loan, to short your position!!!! They are notorious for doing that to trigger trades and make money.
I have a friend that was a specialist at E-trade that did that for a living!!!! It is my understanding they can not use shares in IRA accounts, that even those may not be safe if they changed the rules.
This coming week they will be very tempted to short last weeks rally just based on the size of the move. We know this is just the begging, so I am a heavy buyer at any dips this week as we should see a break out to a new 52 week and 2 year high this week, if not before year end.
Once we trade in the .02x area, I expect a gap up on news to .04x that takes out the .03 x high we topped at the last rally in a massive buying gap.
GLT SGSIF Longs!!!!
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