Post Reply
41-54 of 54
Base forming at 0.285?? Hope it is not a diving platform this time... :)
0.25 is the major physiological support as far as I can see. After that its back to the good old days of 0.18 - 0.21 with volume like 'harlow? Is this counter open for the day?'
Hi ivorycoast & teeth 53
SC seems to be cruising aimlessly ? BBs have also been drowned, judging from the daily volumes? USD 0.285 seems to be supported? What's your take on this share?
The Base is forming from Here US$0.285 cents for a start.........
Star Cruises Reported a $121mil Quarterly Loss. Loss per share rose US1.13 cents compare to last previous lost of 0.62 US cents.
Stay cool ..... as mentioned, if history does repeat itself, SC will rally from it's current level .....
Seems to be held back yesterday for bulk accumulation at the 28.5 cts level .....
SC seems to be making no headway in its climb upwards. Today is a classic example - shares being sold down despite attempts to move north, just to make USD 5cts per share.. Unless SC is able to find new income streams to become profitable every year, it will be unable to break out of its narrow or "sideway" training range for the next five to ten years. Hope my instinctive feel for the counter is proved right!! Can it continue to bleed most of the quarters and what would be the consequence?. Who are the ultimate beneficiaries ?- the owners of SC as they continue to draw directors' fees in spite of the losses.
Only just the beginning.
I will guess 31 cents by tomorrow then. But hopefully u r right, ivorycoast.
If history repeat itself, SC may make it's way to 32 cents by tomorrow .....
Remembered when SC last hit 28 cents on 19/4/07 ..... it quickly made it's way back to 34 cents ..... in just 3 TRADING DAYS .....
What a super swift movement .....
Think resistance a bit high. Lets guess how much it can cheong? Haha
Hi ivorycoast
Hope your faith that it will cheong up comes true. Guess the BBs will know how to outsmart those who think SC's price will keep on dropping to 'O"
Due for a strong cheonging .....