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also from sgx website:
At the request of STAR CRUISES LIMITED (the ?Company?) trading in the shares of the
Company on The Stock Exchange of Hong Kong Limited will be suspended with effect from
9:30 a.m. on 13 August 2007 pending the release of an announcement in relation to price
sensitive information of the Company.
should be a good news... refers to my post on the 10th... SC was green among sea of reds with high volume prob by BBs, since they always get the news first..
Below: from sgx website.
Re: Star Cruises Limited (the "Company")
Request for trading halt in the dealings in the Company's shares on the Central Limit
Order Book International of the Singapore Exchange Securities Trading Limited
("CLOB")
We write to apply for a trading halt in the dealings in the Company's shares on CLOB commencing
from 9:00 a.m. on 13 August 2007 pending the release of an announcement in relation to a possible
notifiable transaction of the Company.
Trading suspended..any idea why??
Hi Eastonboy
Basically the share market is very irrational. Companies whose biz is not linked to subprime woes shd not have been dragged down at all. SC syndicates and BBs are by far the MOST intelligent and logical - why must its shares be affected as its biz is not linked to any subprime woes. Shares are being knocked down by manipulators, but the turnovers are very small.
perhaps some good news forthcoming? Rare green spot in this difficult market ... with high vol... hikitty will be happy
Million thanks to the BBs and syndicates for realising the potential of SC as it cruises along. Blessed are they who support SC to "squeeze" the short sellers.
The squeeze continues .....
thanks hikitty. In a tumbling market, everything comes down. So there's nothing to defend
if market goes through a correction or the market has turned bearish.
The sentiments have changed due to the US Subprime Mortgage and it affects market. :) just an observation.
if market goes through a correction or the market has turned bearish.
The sentiments have changed due to the US Subprime Mortgage and it affects market. :) just an observation.
yup agree. Fundamental is there.
Tks stevento for the learned response. SC biz is not linked to subprime woes. As there are "naked" short sellers for SC, d those BBs and syndicates with vested interest will defend SC. Why shd SC bleed now when it was not heading north like crazy when the mkt was on its way up like a supersonic jet?
Well, the indicators are there for over a year, SUbPrime Mortgage in US. Sentiments have changed since the fallout from SubPrime Mortgage and the effect is still not fully felt yet. May crash thru the support level. The STI target range from 2800-3100. Read the article below. Thread cautiously,
http://news.asiaone.com/News/AsiaOne%2BNews/Asia/Story/A1Story20070810-21472.html
US market will continue to bleed tonight. Still some months to go before anyone can come up
with the losses from US SubPrime. :)
US markets got a good chance of turning green tonight.
Don't anyhow throw yet.
SC shd be able to weather the current storm. Three cheers to those moping up the shares!
SC 2nd quarter traditionally profitable - so short sellers beware. The BBs and syndicates will cause you to bleed if you try to "short sell" their "darlings"
SC is still cruising comfortably to the North pole. Buying up by the thousand lots near closing. Good news brewing. Blessed those who see the potential of SC to return to its glorious past.
SC cruising north very nicely. Buy now to enjoy the cruise to a new peak today or tomorrow? Hurry now.
SC will recover to a new peak soon (previous peak : US64cts) based on two brokers' analyses. Possible based on its high turnover so far? Any learned opinion?
Hi Eastonboy
Pray that all those brave-hearted who bought SC will be blessed by the Almighty.
quite a few very large lot 'buy up' at around 0.57 and 0.575. Ignore those 10 or 20 lots... look at 2000 lots, 400k, 846k in a span of 5 minutes.. Of course there are sell downs... and some at large lot but not as big time as those shown below..( not inducement to buy. Also, I extracted only those interesting trnx only in my opinion. Pls go and check the day detail transactions)
| 10:33:26 | 0.575 | 2,000,000 | Buy Up |
| 10:33:19 | 0.570 | 846,000 | Buy Up |
| 10:33:18 | 0.570 | 10,000 | Buy Up |
| 10:33:13 | 0.570 | 5,000 | Buy Up |
| 10:33:06 | 0.570 | 20,000 | Buy Up |
| 10:32:54 | 0.570 | 400,000 | Buy Up |
| 10:32:49 | 0.570 | 10,000 | Buy Up |
| 10:32:36 | 0.570 | 200,000 | Buy Up |
| 10:32:33 | 0.570 | 10,000 | Buy Up |
| 10:32:16 | 0.570 | 10,000 | Buy Up |
| 10:32:16 | 0.570 | 57,000 | Buy Up |
| 10:32:14 | 0.570 | 50,000 | Buy Up |
| 10:32:12 | 0.570 | 200,000 | Buy Up |
| 10:32:10 | 0.570 | 10,000 | Buy Up |
| 10:32:09 | 0.570 | 200,000 | Buy Up |
| 10:32:04 | 0.570 | 500,000 | Buy Up |
| 10:32:03 | 0.570 | 100,000 | Buy Up |
| 10:31:51 | 0.570 | 20,000 | Buy Up |
| 10:31:49 | 0.570 | 500,000 | Buy Up |
| 10:31:24 | 0.570 | 500,000 | Buy Up |
| 10:31:22 | 0.570 | 100,000 | Buy Up |
| 10:28:33 | 0.570 | 1,000 | Buy Up |
| 10:27:50 | 0.565 | 1,488,000 | Buy Up |
| 10:09:27 | 0.570 | 200,000 | Buy Up |
| 10:09:27 | 0.570 | 200,000 | Buy Up |
| 10:09:23 | 0.570 | 300,000 | Buy Up |
| 10:09:21 | 0.570 | 1,000,000 | Buy Up |
| 10:09:19 | 0.570 | 1,000,000 | Buy Up |
| 10:09:02 | 0.570 | 5,000 | Buy Up |
| 10:08:57 | 0.570 | 90,000 | Buy Up |
| 10:08:21 | 0.570 | 1,000 | Buy Up |
| 10:07:57 | 0.565 | 362,000 | Buy Up |
| 10:07:56 | 0.565 | 2,000,000 | Buy Up |
| 10:07:49 | 0.565 | 300,000 | Buy Up |
| 10:07:43 | 0.565 | 686,000 | Buy |
| 08:59:05 | 0.560 | 2,272,000 | X |
Hi Eastonboy
Interesting transactions - what does it mean? Uptrend likely 4 today to send off the short positions?