
the warrants issue to standard char. bank is a big price resistance if the counter is able to recover next time. Anyway they are decided to go ahead with oil exploration, cancel/ dont cancel will have both side of the investors going after them when share price is down.
I am wondering now is the CEO and some director whether they will still buy since the price less than half their purchase price. Time will tell. If wan to support the counter, they will have to buy big to show the market they are confidence. (Just like the way ABC learning CEO do, and temasek follow )
CEO crying? why shld he? i saw in MASNET some joker Director buy-in 265lots at 1.49...that joker shld be CRYING !! :P anyway jokes aside...only way to salvage this situation is to cancel the oil-discovey project...and reduce loan debt hor? :D to appease investor? hee....
Ya men Straits Asia is the champs today. CEO today i think crying, see red in this investment. (Jiayou Jiayou, make your team work harder in finding oil, if found will have big up surge)
Commodities sector downgrade. Olam and Noble was ripe for REAL good shorting. ML downgrade this morning to underperform from buy.Will there be a round 3 tomorrow? Straits Asia was the undisputed champ today.
nickyng ( Date: 19-Nov-2008 16:14) Posted:
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damn! shld hv shorted :P pity those uncle/aunties into this counter...must be seeing blood in their eyes now :P
Still got chance, now 61cts, 2 mins to go for preclose business.
If BB playing, it may break 60cts. Cheers.
har? wat do u want them to SAY ??? wat can they do? if genuine fund selling they oso LL rite ?? :D
knightbridge ( Date: 19-Nov-2008 17:00) Posted:
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Cover back ler, miss my gambling prediction. =D. Got to wait for what straits asia management got to say in it damage control. I think if they remain slient is no good for this counter
8min more to go...thk can SHORT now? hee.... :D
Got to wait till last min then can tell, i think short seller doing covering but those vest might not want to wait tilll tomolo then sell
60cts ? today ? err......time will tell ! :D
Doesnt matter good or bad shares, objective is to make $$$ on investment. Return on junk can be better sometime when u short. Buying rewithdrawal starting, selling momentum still picking up, i am quite confidence it will breach the 60 by today =D
ok enough craps !! just SHORT it down further ! :P
junk share will always be junk shares...when reality check comes, it will be worthless stock! straits asia is a good example now!
Standard Charter Bank is starting to worry about his USD 300 million.... Break the 60 cents by today =D
hey!! OLAM , NOBLE seems to be in same situation as SAR siah !! :P commodities under attack ?!?! :P
Panic started. Look like Straits Asia management will need to act to do some damage control. I am guessing reporters are now calling Straits Asia. =D
No leh. Too busy on SIA, DBS n UOB loh.
No kopi $ today liao. UOB still under tech
naked short, greedy abit, see can cover
a bit on both SIA n DBS.
nickyng ( Date: 19-Nov-2008 15:40) Posted:
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wow...62cts ?!??! WOOWOWOwowoOWOOW ! :P heavy SHORTING siah !! or fund selling ? :P
Yup good money =D