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SembCorp Marine- The new Frontier.
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ttbanthony
Veteran |
09-Nov-2021 20:51
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Agree with you.
For (us) Everybody has something precious to learn. Let us not be personal and cynical in our comments, moving forward. Let us share constructive ideas. It can be done.
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ckmpd1
Supreme |
09-Nov-2021 20:46
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Hopefully, today' s saga holds some lessons for us | ||||
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ttbanthony
Veteran |
09-Nov-2021 20:41
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You may be half right.
Everybody knows SCM is losing big money and as to whether they will go down or not it is everybody?s guess. Stock market is not straight forward and I am sure you are aware. It is basically irrational. We saw how junk stocks rallied and good stocks don. As for SCM, TH is not oblivious to all these. They know something we don and they are probably planning something we don know for sure. Today?s action caught everyone by surprise. Two dimensions: 1. For longists, me included. I was pleasantly surprised the price ran up so fierce as my tp was 0.094 before Christmas. But i was not carried away when I saw the surge and actually hoped it did not overrun and turned out to be a one day wonder. Check my earlier posts to authenticate. On the other hand I was not surprised to see 0.082 being punched through as I saw it imminently happening in a matter of time. 2. For shortists. I am sure a number of shortists might be worried in earlier sessions as the price kept roaring. Some shortists might have covered earlier and cut loss. Nobody can deny that. No matter what, the finishing caught everyone by surprise. That said, if the avalanche was caused by shortists, so who was buried underneath the pile of stocks? I think there must be some genuine big hands buyers. The buy queue was thick then and I even made some prediction it would pendulum 85-86. For me, I saw some credible collection though. But in all, this stock is not for contra and I never believe so. If one believe a stock, buy, within means, keep it and don be bothered by the swings. We will see. I can assure, none in this forum knows what will pan out. Hence, do what one may, we may just be at the mercy of the Circumstances. You and me included. Nobody is above anybody. We belong to the same realm.
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ckmpd1
Supreme |
09-Nov-2021 20:34
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those who fall prey to the P& D are suckers
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ckmpd1
Supreme |
09-Nov-2021 20:32
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well said.  some retail investors are full of pride and full of rhetorics.  But truly they are clueless
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beng1102
Elite |
09-Nov-2021 20:31
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Only thing for sure is that someone is desparately dumping massive number of shares at market closing in order to set the closing price.  Tomorrow the price is still going up anyway.
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ckmpd1
Supreme |
09-Nov-2021 20:30
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if naive retailers dont wise up, many P& D will happen again
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ckmpd1
Supreme |
09-Nov-2021 20:28
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ckmpd1
Supreme |
09-Nov-2021 20:25
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facts dont lie.  SMM is losing big money and the only way is down
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ckmpd1
Supreme |
09-Nov-2021 20:24
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This is not going to be the last pump and dump.  more to come and more gullible investors will again be trapped.  we already warned them but they mocked us saying we were fear mongering
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share456
Veteran |
09-Nov-2021 20:22
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they can do that on nov 11 when SCM announces all the bad news.  
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ckmpd1
Supreme |
09-Nov-2021 20:21
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as expected.  poor fundamentals cant support the price increase.  If it doesnt happen this evening, it wld have happened tmrw or thursday 
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Starship
Supreme |
09-Nov-2021 20:16
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WiseInvestor
Elite |
09-Nov-2021 19:51
Yells: "Forex Biz Opportunity for traders!" |
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1) Today SGX' s short sell data show SCM 73,524,320 shares short sold at average 8.7 cents. 2) CFD longists - 70% while  shortists - 30% 3) Married deals of 122,888,000 shares done at 8.2 cents just after 5pm. |
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chart_expert123
Master |
09-Nov-2021 19:26
Yells: "Only buy stock with revenue or net cash flow growth!!!!" |
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They attracted rights holders to dispose at high and distributed those shares to panic buyers and victims of scammers.
Price dumped back to 8.2 to add pressure selling when price move lower to support level and break it!!!
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ttbanthony
Veteran |
09-Nov-2021 19:10
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Yes your opinions are true. For those with high price, no. No chance unless cut loss. For me, yes I was in positive territory but chose to hold the line.
No complains from me. I still have 2m open position at 8 😂 No problem. I had prepared to hold.
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TheDuellist
Senior |
09-Nov-2021 18:58
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Double edged sword. Put it this way, without the Big hands, we won' t be able to see 90 today. Take a re-look yesterday, 81/82. Why don' t the disgruntled holders push it up? Today, holders got the golden opportunity. So, what went wrong?  
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vivacious
Supreme |
09-Nov-2021 18:53
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today BB played up to 9c then whack down to 82. Tmr maybe they whack down to 7 then up to 79?  Not for the faint-hearted |
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ahbui8
Master |
09-Nov-2021 18:42
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Today short volume only 10% of total volume. I believe today it' s just P& D tactic to earn money from retailers, those retailers bought high by contra or CFD GG liao. BB is always evil.
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naoshingo
Elite |
09-Nov-2021 18:38
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SM really out to kill the Retail Contras...
Last time was the profit guidance...now with this move. |
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