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wat happen to this counter?y the sudden surge?
some half at $0.2 but still keep the balance, in the end back to square. i have been hearing how good is this stock for more than a year, but disappointed that the stock didn't go up at all despite the big rally last year, don't have high hope on this.
Too many shortists these days!
Price very well supported at $0.07. Someone accumulating? Interesting... can go back to $0.085 again - Last share buy-back levels? Seems likely .....
Big fight to maintain price at $0.06. Company share buy-back not activated still at such undervalue. I think will not survive the onslaught by shortists and funds selling. Repeat of $0.045 coming?
Merely stating company bought back:
1. 40 mil shares at 0.085 on 4/3/08
2. 2 mil shares at 0.06 on 12/3/08
Precisely! If you have bought 40m @0.085, when the share drops to 0.045 shouldn't you start buying up even more? Isn't it super-undervalued @0.045 if it is undervalued @0.085?
Why then does GlobalVoice not do anything? Short of cash? Not worth the price?
If it is really convinced of its value, GlobalVoice would scoop up the shares on super cheap price and make the sellers who chose to sell at massive losses suffer for their lack of confidence. If the price manipulators are the shortists, then it would teach them an expensive lesson to mess with GlobalVoice. But alas! It was not to be. GlobalVoice chose to do nothing. Ever wonder why?
I rest my case.
Company bought back 40mil of shares at 0.085 on 4th March 08 as reported in the daily buy back notice.
Stay clear of this stock! Global Voice only purchased 2m shares from the open market.
Even Global Voice itself do not think the price is undervalued such that its share-buyback is activated big time, do you think this stock is really worth it?
This is still the Shortists' favourite. Once the sentiments turns bad again, this one will sell down to S$0.045 or lower. This has been such ever since Global Voice was $0.16!
High volume today. Closed at 0.06.
Don't be fooled! They have previously bought back 2.7 million shares BEFORE they release their horrendous results. That action actually managed to fool quite some people.
I warned about their frequent "smoke" tactics. Those who took heeds would be saved from see the price dropped to S$0.045.
Mark my words! The market and the shortist like to PUNISH this type of company to drive them to their graves. I will be seeing that soon ......
Company bought back 40million shares at 0.085. They must have strong confidence. Now. market sentiments.
Ha ha ha! I am proven right!
Closed S$0.045 on Fri (7 Mar)!
Shortist ... hooray! Well done!
Watch out. I think this one going to reach the unprecedented S$0.005! Next Targte = i.e. worthless!!
See what I tell you? Sure below 5c. Soon maybe will be FOC.
Ha ha ha ha. This stock is going down to the dogs!!! Very soon will be under 5c. Watch closely!
Just a warning ..... all the trading volume and the "apparent" slow share price up movements are no more than smoke screens. Be careful not to be trapped.....
Oh oh ...... another announcement: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_F72FB72B08E88ADE482573E2002D71F5/$file/GV_DE_CIX_final_Spore.pdf?openelement
Another selldown coming ..... such is the pattern for Global Voice .... a loser stock ....
That is the approx Net Asset Value, or what the entire fibre-optic network is worth......
any reasons for the magical value ? tks.
Watch this coming down to 5c ....... very soon.