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Swiber - sign of short selling?
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hikitty
Master |
17-Jan-2007 15:14
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Forget to highlight that Swiber is dirt cheap compared to Labroy (currently: $1.84) and Ezra (currently more than $4.00) Hehe so tarry no more, pick it up at today's low price to help catch the short sellers and "exploit" the contra buyers who can't afford to pay up when payment is due. Swiber shd run up next month when its last quarter 2006 report, which shd be very positive for its price, is released |
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hikitty
Master |
17-Jan-2007 15:05
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Swiber has biz similar to Ezra and Labroy. With good earnings visibility in the years ahead,it will become another Ezra or Labroy. Why not pick it up when no one seems interested? Punting on penny stocks without any fundamental is akin to gambling. Look at Raffles Education, Labroy and Ezra - the sales volumes are usually low during any market correcton. Their shareholders are those who believe in value for money, NOT punting |
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hughsh2004
Member |
17-Jan-2007 14:00
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..swiber, china energy & even the laggard ouhua seems punctured liao ;-( .... mkt focuses on penny stks (esp construction & technology related) .. need some patience for its revival |
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lucky168
Veteran |
17-Jan-2007 13:30
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surprising not much activities going on for this stock.... |
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hikitty
Master |
17-Jan-2007 13:17
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Sign of short selling of this share this morning. Hope they will be severely punished by being scalded to death at the end of the day or better still by being force purchased by SGX!!!! owing to their reluctance to cover up their short positions) There are many daredevil shortsellers roaming in the wilderness (or shd I say "netherworld"?) whose daily "mantra" is to shortsell when they see the buying queue number is smaller than the selling queue number. As if it is that easy to make kopi cents !!! As Swiber appears to be a "cornered" share (free float: 92 million shares) with good earnings visibility, those who are vested in this share shd unite to "scald" the shortsellers to death. Avoid buying any share for contra play ( unless one is an active trader who is prepared to suffer and possibly die from hypertension through daily trading) so as not to fall into the hands of the short sellers who will exploit the situation through short selling when payment is due. |
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