Oh hi Chartsshout, one thing you taught me is the tree shaking...

Oh hi Chartsshout, one thing you taught me is the tree shaking and weak hands, that is my suspicion on today's trading and jamarco is right, that is on the back of an 8% rise yesterday. My unproven suspicion is that the shorts are beginning to cover. Also of interest directors are buying and there is an active buyback program in place but none bought on recent share price drop. ? Is that because directors window is open for buying? I don't have the answers but felt SIG is a little similar to MYX and as you know I sold out of them and have now bought into SIG. News was Chemist warehouse contract is set to expire and not be renewed. SIG aims for a 16% return on invested capital which they aren't getting with CW deal. Therefore they get a return of $300 million when the contract expires in June 2019 which almost pays all their debt off if they chose to..... I suspect they thought they wouldn't agree on terms with CW for quite some time and so it makes sense to me that they must have some other plan they have been working on for quite some time which is partly why I bought in. Hope this helps a little Chartsshout...GLTAH