Chartered   

Chartered Squeeze

Just moments ago, someone got a very big appetite for Chartered .....

 

1,700,000 shares at one go .....

 

If STATS can be worth at least $1.80 as a result of being taking private ..... is CSM not worthy of at least $1.50 ?

 

Don't tell me if (I say IF ...) CSM will also have a chance to be taken private, it will be at this price ?

 

Let's see if it should be worth more than that .....

 

Agree to short. It is also time for re-bound - oversold. Careful trading. It should now buy up and not down. 

 

Short this counter.

 

Chartered's charts look quite bad. Acc/Dist and chaikin all downtrending badly.

 

Psychological support at $1.29 .....

 

Chartered must do a nice rebound after almost 3 weeks of down .....

 

Great opportunity to catch the recovery .....

 

http://www.eetimes.com/rss/showArticle.jhtml?articleID=199300152&cid=RSSfeed_eetimes_newsRSS

 

UMC and TSMC won TI's 45nm business. May have some leftovers for poor Chartered or maybe nothing left.

 

Everyone is expecting the price decline even predicting below 1.20. Do not caught on the wrong footing. You can short on the daily basis. It give the opporunity for it to take private at a much lower price than STATS. The company is not a forgone company as it has to go through the seasonal cyclical period. The company is now a cash cow basis as it turn profitable from now onwards. It is a question on how much worth to take it private at what share price level. Target price from foreign brokages - 1.80 to 1.90. It is only the local brokage put it at 1.30. Who should you trust - local or foreign brokage houses. You have to ponder on it.

 

Wow!! Already $1.32. It's falling much faster than I thought.

 

Short the shares in the mroning and prepare to collect money in the afternoon as the prices will be down. The share is down all the way. Can it get up - very doubtful? - No volume - a sure way to win.

 

Chartered is a company that has a hard time generating profit. It has a tough time with its competitors.
 

 

Chartered is unlikely to take private. Poor future guidance. Short the shares should be correct way now. Earning good money come coming down from 1.45 and now going to 1.20 as per others' indicators. Earn money by shorting now. Hopefully continue down. Everyone is looking down and therefore do not look up. Not to worry about Index go up but this share price is going down and red. Forget about overnight US market trading about this share. They are now following our trend in the share price.

 

and why is it that it will fall? based on your charting? if it falls to 1.20. that is too much.

 

By next week, the price will fall below $1.30.....and then.....$1.20.....and then I'll buy.

 

still call for a buy as target by end of year above $2...though it underperforms now, once ST Assembly privatization effort finished (something will come out of that with chartered) and with semiconductor recovering, it is a good buy...good luck and not for contra

 

Chartered will not see RED.

This is a sure thing. But its good that the price fall abit so that ppl like us can get in.

 

The price starts falling after the lockout period.

I think a good price to go in is below $1.30.

 

Chartered posted a decent result at such adverse semi-con condition. Future guidance is bit on too conservative. Chip makers are predicting good orders being placed in the coming months.

 

Chartered report the net income for 2Q is $0M +/-$5M.

 

Why see "RED" ? I thought their business is loading up this quarter ?