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Hi ivorycoast
Whither the wind blows - SC shd see better days ahead?. It has been trading sideways since 2000. Some of the old BBs or investors could have gone back to Heaven. It seems the "fundamental mentality" of the new BBs is different. The old style was always to play down for many days, giving the short sellers a chance to make kopi$$$$. The new style of the new BBs is different, and often the short sellers get squeezed to death. Why let the short sellers make a fool of SC which is now fundamentally stronger than it was in the past before the three new rich investors subscribed to new shares????? . The biggest investor with US$1 billion has been approved at its mtg on 24 Sept 07 - time for SC to kill the short sellers or buy from the faint-hearted who just dump SC at the slightest drop of the hat???
Volume is back .....
Cheong baby .....
Looking at the transactions, buying seems aggressive .....
Gonna be anytime soon .....
Next target 50 cts ..... ?
Must put on close observation liao .....
Attempting another breakout liao .....
Some good news awaiting at Ban Joo ?
Could that be a reason for strong activities in the gambling counters like LottVis, Rowsley, StarCruise, etc. ?
BBs back liao?
..... BBs = Big Boys ..... oso BBs = Big Bulls .....
Cheers .....
Thanks ivorycoast for having the same guts' feeling that SC will be SuperCharging (SC) soon (to S$1?) It has been trading sideways, and has unable to break out to its glorious past for the past SEVEN long long long years..
Star Cruise = super bull
The special general meeting of SC in HK to pass the resolution to allow Apollo Mgt ( a very very big boy) to subscribe for new new shares (up to US$1 billion) in NCL Corpn. will be held on Monday 24 Sept. Good news for SC shareholders as share price remains firm with low volume. Three cheers to the BBs or syndicates - sorry short sellers can't make kopi $$$. After Fed mtg on 18 Sept and 24 Sept's mtg. SC shd see better days?
Could the rise be due to a fourth new investor buying up NCL shares? BBs, syndicates and FMs are privy to such privileged info.
Ivorycoast - Are you a crystal ball gazer? Able to foresee SC breaking the 40cts barrier.
Blessed are the BBs and syndicates who dare to challenge the short sellers. Why must SC be sold down when it is NOW backed by three new cash rich investors and will not be affected by any subprime woes?
Very well supported at this level.
Hope it will attempt the 40 cts level today.
Let's see the shortists running for mad cover today.
Squeeze them hard.
No. 1 squeezer going into action soon.
Why is SC suddenly attractive for investment? Is it because of IR?
SC is now backed by three new rich investors, Stanley (HK), Mr Chua (Malaysia) and Apollo Mgt (US$1 billion investor in NCL). Don't play, play with them. They could be the ones buying up more SC shares. Is making kopi $$$ that easy, just by short selling- think again? May hit a new peak price, (i.e. higher than US0.605cts) soon????
Well, may cross 40 cts as soon as tomorrow ?
Seems pretty obvious the BBs are back here ......
Well supported .....
Good indication .....
Setting sail for new horizon .....
Will scale new heights very very soon .....
SC shd reach new peak prices to test the "might" of short sellers who think that the current market remains a fertile ground every day for short selling of all counters. Come on (no joking) the US$ 1 billion investor in NCL has the financial might to weather any storm that SC may face in the mkt that NCL serves.