
Short sell only 7.65 mil shares= $680k
Next Mon should be exciting stuff... T+5 for those who bought via contra last Mon when RTO announcement was made. A nice dip before a fast recovery I believe...
Maybe Stamford Law is selling? Just speculation.
SG_001 ( Date: 19-Apr-2013 19:11) Posted:
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they are keeping those shares and slowly garnening and accumulating more of it......
Relax bro Gelu, come next week we will know the answer.
My opinion based on today trade is support level 0.87/88 are in thousands in contrast to what we saw yesterday. Retailer or BB might be doing damage control as they still held large shares, pushing up takes a lot cash flow and best action will be defend. Buying up small share to prevent sell down.
For all we know, there might be more than one BB and there wasn't any massive sell down or massive shoot down yet. Then where does all the millions of shares gone to when they were snap up before the RTO announment? I don't know, maybe someone do.
My opinion based on today trade is support level 0.87/88 are in thousands in contrast to what we saw yesterday. Retailer or BB might be doing damage control as they still held large shares, pushing up takes a lot cash flow and best action will be defend. Buying up small share to prevent sell down.
For all we know, there might be more than one BB and there wasn't any massive sell down or massive shoot down yet. Then where does all the millions of shares gone to when they were snap up before the RTO announment? I don't know, maybe someone do.
gelu2279 ( Date: 19-Apr-2013 18:38) Posted:
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everybody believes there is accumulation... anybody considered BB already out of this stock?
Waiting for gradual decline, short it like crazy then collect?
why collect at 90-ish when you can do so at 60 or 70-ish? 
Hi Anthony, welcome to this big family.
Here we share views and opinions of contel movements. Everyone is free to air their view and contribute here but please do your due diligence before you trade.
Hope to see more of your constructive post. Cheers
Here we share views and opinions of contel movements. Everyone is free to air their view and contribute here but please do your due diligence before you trade.
Hope to see more of your constructive post. Cheers
Anthonylim ( Date: 19-Apr-2013 13:14) Posted:
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Accumulation by BBs or retailers?
Sold mine already ..........but now seemed to be accumulation all over again ........ maybe time to repurchased all over again .......see how on Monday.
prior the the stock suspension on 15 Apr 13,  Contel price is pushed down to 0.081cts and a week from now, the price went back to 0.089 after hitting high of 0.104cts.
accumulation has being ongoing since Wednesday afternoon...wonder where it will go next week....
 
Thanks for your advice Tomique. I fully agree with you. Went through some of the comments posted previously in this forum, looks like there are some who has quite good foresight here, however, there are quite some ma hou pao too :) Will be careful with what I trade. Thanks again.
Tomique ( Date: 19-Apr-2013 14:10) Posted:
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Good and welcome.   Since you are new here and listening yet finally decided to join us meant that there is a force pulling you in to the forum.
Don't be too influenced by talks as we are here speaking with biased inclination depending on which position we are in, long or short.
If we are long in a counter, we tend to sing praises about the shares but if we are short we tend to condemn the counter.   So weigh everything before you make a decision to trade.   The best is not to listen too much here, ok?
I am a good heart person, so don't want you to be a stock trading victim.   Hehehe. 
Anthonylim ( Date: 19-Apr-2013 13:14) Posted:
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Support level is at 87. Highly unlikely it will go any lower. Any close above 90 today can be seen as a trend reversal alr. Or then again, it could stay stagnant here till the break of day.
Thanks 9hly99, i will go sgx and take a look. 
  If short sell has ended for contel, i think there are many people selling for profit as many bought at below 0.084 level. Wait til these sellers over, it might hopefully go back to 0.09 level. Pray hard.
u can see short sell data from SGX website.  for Contel the short sell should be over......it is back to normal trading buy low sell high
wake up contel!
Hi all, i am new to this forum.
Saw people are discussing about contel here, so decided to join and look around.
Any1 know if there is anywhere we could look at how much short sell there are in a particular counter like contel ?
LOL.. Angry is no good for health. Blood pressure go up later will tio stroke one.
 
Ya la ya la..distribution la.. ok ?? :) Don't go away leh. Or else this 'fan page' so quiet already. Contel red, every bird come out talk bird language. Now Contel green, all turn angry birds already..  
iluvboost ( Date: 19-Apr-2013 12:35) Posted:
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Fwah.. I got say you meh ?? I only say someone leh.. Why you sound so angry ? 
iluvboost ( Date: 19-Apr-2013 12:31) Posted:
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but anyway this is a contel fanpage, guys pls listen to Terence and Scripan..they are the spokesman of this , regardless if it gap down.   signing off!
iluvboost ( Date: 19-Apr-2013 12:31) Posted:
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