ShareJunction - Member Posts

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I already made it clear right from the begining

I WILL KEEP AVERAGING DOWN AS LONG AS THE COUNTER KEEPS DROPPING and only stop if it shows clear sign of reversal

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yes I am buying and I will buy at 3.5 ot 3.4 or 3.3 over the next few sessions

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At least you are careful
Banks already sold off before earnings can out. They bascially took profit from the rights they exercised.
The traded shares are less than 0.05% of shareholders. Major shareholders are not doing anything.
The first time SIA was shorted down to 3.53 was because shortists were able to buy the rights to cover shorts. Hence the short cover was more or less guaranteed.

The time the short sellers were able cover back at 3.53 because the banks had been selling continuously. I know the seller came from Banks because I bought at 3.53 today ( seller = Citibank)
The last few trading sessions had been easy short target as the price always open high and close low.
The next few sessions I am not sure now. Maybe we can open 3.53 and close at 3.50? Or maybe not. There were many buyers ( AKA short sellers waiting to cover shorts )
So if you short down, they cover their shorts but who is selling to you to cover yours?
CFD works because brokers had other people' s outstanding shares to lend you before they pick up their shares. Going by mood now, there may not be many force selling for you to cover shorts. Many are picking up shares to prevent losses

Take care

KiasiGuy ( Date: 29-Jul-2020 18:30) Posted:

I have no SIA share but careful when you short this share. I have a feeling Temasek may one time big big buy up this share once it has been shorted sufficiently and destroy shorties.

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😁 😁 😁 😁

SAVIORFOREVER ( Date: 28-Jul-2020 11:06) Posted:

Think you're just blowing hot air from day 1 in SIA.

Trade with integrity and DYODD

investor999 ( Date: 28-Jul-2020 10:53) Posted:

I can afford to buy some more..Sorr

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I can afford to buy some more..Sorry

SAVIORFOREVER ( Date: 28-Jul-2020 10:48) Posted:

If price dropped another 30c, please don't say most of your shares are bought at the bottom.
10 lots is 1000 shares? $3580?

Trade with prudence and DYODD

investor999 ( Date: 28-Jul-2020 10:42) Posted:

I don't believe they can keep selling cheaper and cheaper. There has to be a target. Just that I do not know what is their target..

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I am not good at timing the market but I know what is going on with all these short talks

investor999 ( Date: 28-Jul-2020 10:42) Posted:

I don't believe they can keep selling cheaper and cheaper. There has to be a target. Just that I do not know what is their target..

investor999 ( Date: 28-Jul-2020 10:40) Posted:

No I am not a trader..I buy and hold As I say I will keep averaging down. I buy again toda

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I don't believe they can keep selling cheaper and cheaper. There has to be a target. Just that I do not know what is their target..

investor999 ( Date: 28-Jul-2020 10:40) Posted:

No I am not a trader..I buy and hold As I say I will keep averaging down. I buy again today

SAVIORFOREVER ( Date: 28-Jul-2020 08:07) Posted:

You seems desperate? Contra play?

Trade with caution no contra no short and DYODD

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No I am not a trader..I buy and hold As I say I will keep averaging down. I buy again today

SAVIORFOREVER ( Date: 28-Jul-2020 08:07) Posted:

You seems desperate? Contra play?

Trade with caution no contra no short and DYODD

investor999 ( Date: 28-Jul-2020 07:37) Posted:

If my suspicion is right, Banks need to account to its clients portfolio by end of month. If they have been using clients shares to sell down, they need to buy back. Then we may Witness a rally this three days ie 28 to 30 Jul

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Some people is misleading people by posting a rights issue of May 2020. This was not what was discussed in AGM. PLEASE DELETE THAT POSTING!

investor999 ( Date: 28-Jul-2020 07:37) Posted:

If my suspicion is right, Banks need to account to its clients portfolio by end of month. If they have been using clients shares to sell down, they need to buy back. Then we may Witness a rally this three days ie 28 to 30 July

investor999 ( Date: 28-Jul-2020 07:17) Posted:

Banks are just holders of people's monies. So Banks have alot of monies that don't belong to them. Bank fund manager trade for the Banks, indirectly trading people's monies. Not their monies. There had been so many incidences of Rogue traders losing millions for the Banks and losing depositors monies. GET IT!

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If my suspicion is right, Banks need to account to its clients portfolio by end of month. If they have been using clients shares to sell down, they need to buy back. Then we may Witness a rally this three days ie 28 to 30 July

investor999 ( Date: 28-Jul-2020 07:17) Posted:

Banks are just holders of people's monies. So Banks have alot of monies that don't belong to them. Bank fund manager trade for the Banks, indirectly trading people's monies. Not their monies. There had been so many incidences of Rogue traders losing millions for the Banks and losing depositors monies. GET IT!!

JerryMaple ( Date: 27-Jul-2020 19:37) Posted:

The way you talk like richer than the banks. Move on and stop crying over spilled milk.. It's very bad now else the bank don't even need to offload.. Face the fact dude.. There are so many good stocks out there but you choose to be stubborn buying a zero revenue stock..

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Banks are just holders of people's monies. So Banks have alot of monies that don't belong to them. Bank fund manager trade for the Banks, indirectly trading people's monies. Not their monies. There had been so many incidences of Rogue traders losing millions for the Banks and losing depositors monies. GET IT!!

JerryMaple ( Date: 27-Jul-2020 19:37) Posted:

The way you talk like richer than the banks. Move on and stop crying over spilled milk.. It's very bad now else the bank don't even need to offload.. Face the fact dude.. There are so many good stocks out there but you choose to be stubborn buying a zero revenue stock..

investor999 ( Date: 27-Jul-2020 17:17) Posted:

Closing was UBS again. Banks kept selling. After attending the AGM, I realised these are the bad factions of the sharesholders who rejected everything from appt of CEO, issue shares and share buybacks. As the majority support were mostly > 99%..ie these rogue traders only made up less than 1%, i am confident they will get rid of themselves soon. Most shareholders are supporting SIA. It is not possible to bring the counter down to 3.50 I say the most is in the sub 3.60 ranges. As I said earlier, I will continue to average down as long as these rogue traders are selling down. I will only stop when I see a clear sign the counter is risin

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These traders from the Banks work together to destroy share value by shorting it down persistently, while at the same time, they put out propaganda how bad SIA is and brokers sang along, teaching clients to short SIA.

These trading shares are only < 0.5% of the shares of the company. It is only the investors who were misled and lost money. Investors already said they are buying for the long term and do not mind riding the storm.

Even when the share reaches so low at 3.60, they keep telling people don' t buy SIA. What kind of logic is this?

investor999 ( Date: 27-Jul-2020 17:17) Posted:

Closing was UBS again. Banks kept selling. After attending the AGM, I realised these are the bad factions of the sharesholders who rejected everything from appt of CEO, issue shares and share buybacks. As the majority support were mostly > 99%..ie these rogue traders only made up less than 1%, i am confident they will get rid of themselves soon. Most shareholders are supporting SIA. It is not possible to bring the counter down to 3.50 I say the most is in the sub 3.60 ranges. As I said earlier, I will continue to average down as long as these rogue traders are selling down. I will only stop when I see a clear sign the counter is rising

investor999 ( Date: 27-Jul-2020 16:58) Posted:

I thought I had done my job by Friday..Then noticed Morgan Stanley and Credit Suiss still selling. Decided SIA still need some support. Bought another 30000 shares ( ie 300 lots) today. Hope this is good enough to support. I am really very tire

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Closing was UBS again. Banks kept selling. After attending the AGM, I realised these are the bad factions of the sharesholders who rejected everything from appt of CEO, issue shares and share buybacks. As the majority support were mostly > 99%..ie these rogue traders only made up less than 1%, i am confident they will get rid of themselves soon. Most shareholders are supporting SIA. It is not possible to bring the counter down to 3.50 I say the most is in the sub 3.60 ranges. As I said earlier, I will continue to average down as long as these rogue traders are selling down. I will only stop when I see a clear sign the counter is rising

investor999 ( Date: 27-Jul-2020 16:58) Posted:

I thought I had done my job by Friday..Then noticed Morgan Stanley and Credit Suiss still selling. Decided SIA still need some support. Bought another 30000 shares ( ie 300 lots) today. Hope this is good enough to support. I am really very tired

vicloo ( Date: 27-Jul-2020 16:15) Posted:

Dead solid support on 3.6.... Unbeliverable...

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I thought I had done my job by Friday..Then noticed Morgan Stanley and Credit Suiss still selling. Decided SIA still need some support. Bought another 30000 shares ( ie 300 lots) today. Hope this is good enough to support. I am really very tired

vicloo ( Date: 27-Jul-2020 16:15) Posted:

Dead solid support on 3.6.... Unbeliverable...

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I have noticed the weakened selling last Friday at 3.61. Today again. No matter how they sell, they want a good price too. 3.50 ??? No no no

investor999 ( Date: 27-Jul-2020 11:04) Posted:

The dissatisfied shareholders are less than 1%. I estimate about 6 million shares. Once they have sold off, we should be safe. In SIA we have >90% shareholders willing to hold the company and go through all the hardships as we face the pandemic.

investor999 ( Date: 27-Jul-2020 10:45) Posted:

I attended the AGM All resolutions passed..It is interesting that there is always a small minority who opposed everything. These are the angry shareholders who are selling, notably the banks

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The dissatisfied shareholders are less than 1%. I estimate about 6 million shares. Once they have sold off, we should be safe. In SIA we have >90% shareholders willing to hold the company and go through all the hardships as we face the pandemic.

investor999 ( Date: 27-Jul-2020 10:45) Posted:

I attended the AGM All resolutions passed..It is interesting that there is always a small minority who opposed everything. These are the angry shareholders who are selling, notably the banks

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Refuelling now at 3.61..Taking off soon.

Those who wants to fly quickly get on board.

Announcement: Taking off soon

SAVIORFOREVER ( Date: 27-Jul-2020 09:53) Posted:

Mayday Mayday flight 999 have been descending after reaching average altitude of 393.
Descending to 367 and now still descending to the bottom.
Mayday Mayday running out of fuel soon.

Trade with buy low sell high and DYODD

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I attended the AGM All resolutions passed..It is interesting that there is always a small minority who opposed everything. These are the angry shareholders who are selling, notably the banks

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https://www.theguardian.com/world/2020/jul/24/major-breakthrough-in-covid-19-drug-makes-uk-professors-millionaires

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In the event that this should happen and some investors decide to sell, there will be new buyers, patriotic people who will come out to support SIA. Perhaps National Day will bring out some of this spirit of supporting and ensuring the survival of our national carrier. These will not be the Banks but ordinary people retail investors

investor999 ( Date: 26-Jul-2020 09:53) Posted:

Agree.

I have already caught the falling knife and now I declare I am not buying more no matter how low the price goes lower.

Have to prepare funds just in case SIA exercise its option to raise another MCB

vicloo ( Date: 25-Jul-2020 13:19) Posted:

Yes never try to catch a falling knife, cut loss or just hold. Dont buy more.