
Huge buy-in at closing of 1.01 today and with oil abv 70 and earnings announcement in 1-2weeks time, looks like this baby has more legs. Haha.. huat ah!
what are you talking about?
ozone2002 ( Date: 03-Aug-2009 16:51) Posted:
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perpetual sell Q @ 1.01..
but also perputual buyin @ 1.01..haha
wat's goin on man..
push the darn thing alreadi...
so much consolidation @ 1.01...
easily break 1.02?.. we shall see..
only the Bbs can push this past 1.02
It has long shadow last friday. Meaning lots of buyers but cautious ones.
As long as oil price can maintain >$70..Swiber can easily break the 1.02. Best is to break 1.07 so that this guy can be steadily staying above $1 price.
ralphguy ( Date: 03-Aug-2009 15:14) Posted:
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seems like 1.02 is difficult to break... any comments?
but there are alot of buyups at 1.01 too... is this why you say accumulating at 1.01?
consolidating ard 1.01...
let's see
1.02 is the high of friday..tat's the pyschological resistance at the moment
1.02 is not the resistance. Even it clears, it may come down.
ozone2002 ( Date: 03-Aug-2009 11:32) Posted:
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gotta clear the 1.02 chunk 1st
Swiber has to break the $1.07 resistance.
one big chunk of lots @ resistance 1.02..
gotta clear this to move up further..
hitting 20K lots soon..
1.02!..damn that's fast..
i hate those program trading..
below $1 again..cheap cheap.. keke
dyodd
10K lots in 1 hr..definitely the Bbs r in this..
Haha whatever crude oil prices, candle light, charters, technical readers.... Swiber is a laggard in Singapore.
Institutional investors are speculating on this stock. 2nd quarter is gone and oil averages $60. Results are coming up which many expect to be better than expected. 3rd quarter we will see an average of $70 for oil, more contracts coming in and etc. even if the STI retreats to 2500, Swiber should move up to at least $1.50.
Vested 10+ lots at $0.99....cheers!
below $1 is cheap cheap
Is not a hammer. Is a shooting start that may reverse the trend or is at the resistance. Hopefully the oil price hovering around $70 generally means the marine sectors will be benefit from it...
arowana1 ( Date: 01-Aug-2009 22:38) Posted:
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