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Reverse Takeover of Sky One

I suppose sometimes intuition trumps logic...i waited to look for the logic and could find none. I stared at this counter from yesterday, watching it climb out 10, 20, 22% Once again watched it today with my finger on the trigger all day without the guts to pull it just because I couldn't understand why it would grow any more.

 

Major regrets. Still too new to pull the trigger quick without second guessing everything. 

 

why market willing to pay more than the NAV

 

The volume indicate that retailers were shorting not CK. So the retailers lost some money yesterday, I guess.

aj2invest      ( Date: 01-Nov-2013 11:30) Posted: > _< Seeing this post kept me from buying a big chunk at .101 just now!! Trade888      ( Date: 01-Nov-2013 10:50) Posted: There are still people out there shorting this counter, yesterday avarage short at 9.24 cents. Short Sell Executed on October 31, 2013 Security                              ShortSaleVolume        Curr        ShortSaleValue $ AP Strat                          60000                            SGD          10580 $ Albedo                              200000                          SGD          6800 $ AsiaPhos                          462000                          SGD          86999 $ CNMC                                  20000                            SGD          5150 $ Cedar                                500000                          SGD          2500 $ LoyzEnergy                      301000                          SGD          120190 $ Rex Intl                          60000                            SGD          43600 $ SingHaiyi                        1000000                        SGD          22000 $ Sky One                            4085000                        SGD          377612 $ Sysma                                36000                            SGD          969

 

Sell first without having the shares in hand, normally buy back later, hopefully at lower price. At time, like yesterday,  price before close was much higher then the 9.24 cents. So the short made losses.

boy1985      ( Date: 01-Nov-2013 11:10) Posted: Sorry to ask as i new babe here!!! What the meaning of short sell?? in these case?? Trade888      ( Date: 01-Nov-2013 10:50) Posted: There are still people out there shorting this counter, yesterday avarage short at 9.24 cents. Short Sell Executed on October 31, 2013 Security                              ShortSaleVolume        Curr        ShortSaleValue $ AP Strat                          60000                            SGD          10580 $ Albedo                              200000                          SGD          6800 $ AsiaPhos                          462000                          SGD          86999 $ CNMC                                  20000                            SGD          5150 $ Cedar                                500000                          SGD          2500 $ LoyzEnergy                      301000                          SGD          120190 $ Rex Intl                          60000                            SGD          43600 $ SingHaiyi                        1000000                        SGD          22000 $ Sky One                            4085000                        SGD          377612 $ Sysma                                36000                            SGD          969

 

ther eis nothing actualy.. everday have shorts.this one is up at 11 . have guts just go in.

it will up today i guess. but after all chase, afternoon see if can hold. if ok. shd be ok for sky one.

aj2invest      ( Date: 01-Nov-2013 11:30) Posted: > _< Seeing this post kept me from buying a big chunk at .101 just now!! Trade888      ( Date: 01-Nov-2013 10:50) Posted: There are still people out there shorting this counter, yesterday avarage short at 9.24 cents. Short Sell Executed on October 31, 2013 Security                              ShortSaleVolume        Curr        ShortSaleValue $ AP Strat                          60000                            SGD          10580 $ Albedo                              200000                          SGD          6800 $ AsiaPhos                          462000                          SGD          86999 $ CNMC                                  20000                            SGD          5150 $ Cedar                                500000                          SGD          2500 $ LoyzEnergy                      301000                          SGD          120190 $ Rex Intl                          60000                            SGD          43600 $ SingHaiyi                        1000000                        SGD          22000 $ Sky One                            4085000                        SGD          377612 $ Sysma                                36000                            SGD          969

 

Still has legs???

 

DBSV also curbed.Q to buy yday at 8.8 then realised it was curbed.Sian.

Congrats to those vested.

new6ie      ( Date: 01-Nov-2013 11:25) Posted: Funny.   iOCBC curbed the SKY One yesterday, right?   But the shares are moving up.   Other brokerages allow to buy?

 

> _< Seeing this post kept me from buying a big chunk at .101 just now!!

Trade888      ( Date: 01-Nov-2013 10:50) Posted: There are still people out there shorting this counter, yesterday avarage short at 9.24 cents. Short Sell Executed on October 31, 2013 Security                              ShortSaleVolume        Curr        ShortSaleValue $ AP Strat                          60000                            SGD          10580 $ Albedo                              200000                          SGD          6800 $ AsiaPhos                          462000                          SGD          86999 $ CNMC                                  20000                            SGD          5150 $ Cedar                                500000                          SGD          2500 $ LoyzEnergy                      301000                          SGD          120190 $ Rex Intl                          60000                            SGD          43600 $ SingHaiyi                        1000000                        SGD          22000 $ Sky One                            4085000                        SGD          377612 $ Sysma                                36000                            SGD          969

 

Funny.   iOCBC curbed the SKY One yesterday, right?   But the shares are moving up.   Other brokerages allow to buy?

 

Totally noob too, but in my humble atom of knowledge, I believe that this indicates ppl trying to or expecting to watch the counter get crushed (go down) in a short period of time. Please correct me if i'm wrong!

 

Sorry to ask as i new babe here!!!

What the meaning of short sell?? in these case??

Trade888      ( Date: 01-Nov-2013 10:50) Posted: There are still people out there shorting this counter, yesterday avarage short at 9.24 cents. Short Sell Executed on October 31, 2013 Security                              ShortSaleVolume        Curr        ShortSaleValue $ AP Strat                          60000                            SGD          10580 $ Albedo                              200000                          SGD          6800 $ AsiaPhos                          462000                          SGD          86999 $ CNMC                                  20000                            SGD          5150 $ Cedar                                500000                          SGD          2500 $ LoyzEnergy                      301000                          SGD          120190 $ Rex Intl                          60000                            SGD          43600 $ SingHaiyi                        1000000                        SGD          22000 $ Sky One                            4085000                        SGD          377612 $ Sysma                                36000                            SGD          969

 

There are still people out there shorting this counter, yesterday avarage short at 9.24 cents.

Short Sell Executed on October 31, 2013

Security                              ShortSaleVolume        Curr        ShortSaleValue
$ AP Strat                          60000                            SGD          10580
$ Albedo                              200000                          SGD          6800
$ AsiaPhos                          462000                          SGD          86999
$ CNMC                                  20000                            SGD          5150
$ Cedar                                500000                          SGD          2500
$ LoyzEnergy                      301000                          SGD          120190
$ Rex Intl                          60000                            SGD          43600
$ SingHaiyi                        1000000                        SGD          22000
$ Sky One                            4085000                        SGD          377612
$ Sysma                                36000                            SGD          969

 

 

 

Oh i'm in already today.

aj2invest      ( Date: 01-Nov-2013 08:48) Posted: Sitting here with a very itchy finger...missed yesterday's upupUPUP cuz of doubts on the RTO as i watched the counter rise > _< Anyone planning on entering big today? It's still sitting pretty low, right? Advise please?

 

Sitting here with a very itchy finger...missed yesterday's upupUPUP cuz of doubts on the RTO as i watched the counter rise > _< Anyone planning on entering big today? It's still sitting pretty low, right? Advise please?

 

Good, more tomorrow!

Bigmama      ( Date: 30-Oct-2013 00:43) Posted: Rebound tomorrow!

 

reverse takeover

boy1985      ( Date: 31-Oct-2013 17:23) Posted: Sorry to ask what is RTO?? new to this counter!!!!

 

good advice.

Trade888      ( Date: 31-Oct-2013 17:20) Posted: The success of RTO is key. Look at how the price ran one year ago, the only reason then was RTO. So one should weigh the chance of the RTO and if yes, at what terms. Are they changing the terms or keeping it the same.

 

Sorry to ask what is RTO?? new to this counter!!!!

 

The success of RTO is key. Look at how the price ran one year ago, the only reason then was RTO. So one should weigh the chance of the RTO and if yes, at what terms. Are they changing the terms or keeping it the same.

 

Hate OCBC securities... curb tis counter today.