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Acquisition of WFS
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TikTalk
Supreme |
21-Oct-2022 15:42
Yells: "E19 B64 C17" |
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4.00s 3.80s gap down 3.40s 3.30s 3.20s 3.10s 3.00s 2.90s 2.80s 2.70s 2.60s 2.50s??? |
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TikTalk
Supreme |
21-Oct-2022 15:09
Yells: "E19 B64 C17" |
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How a stock price become weaker and weaker? 1) Those long above $4.00 before announcement and had not sold on 28th September are praying when got chance sell. 2) Those bought on announcement day and holding are worrying when got chance to sell. 3) Those bought around $3 are wondering when can sell. 4) Those abought around $2.70s also looking to sell. 5) Those bought today.....??? Above is how the sell queue built up longer and longer each time prices make lower low, each bounce is of lower high, the making of a down trend. Eventually when things improve, prices improve but will meet with resistances as the above listing of 5 groups of sellers are queueing to sell to the next buyer on the way up. Eventually an uptrend form when it slowly clear each of these above mentioned sellers, how long will this process take I also dunno wakakaka......  All the bre@st 
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TikTalk
Supreme |
21-Oct-2022 09:16
Yells: "E19 B64 C17" |
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For references...cheers & all the bre@st Chartits -TikTalk
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TikTalk
Supreme |
21-Oct-2022 08:59
Yells: "E19 B64 C17" |
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Here is a chart that I previously shared and to consolidate in this thread for references. 
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TikTalk
Supreme |
21-Oct-2022 08:52
Yells: "E19 B64 C17" |
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On 28 September 2022, SATS announced its acquisition of the world' s largest air cargo handler Worldwide Flight Services for $1.64 billion. SATS share price has plunged around 30% from pre announcement closing of $3.87 to $2.70 as of yesterday closed. Time to invest or wait for clarity sometime next year? What price to enter give all uncertainties, i.e. besides funding, how is WFS financially? What about the risk of a recession and how will it affect SATS? We share to learn from one another, discuss in a civil manner and respect each other. Thank you & all the bre@st |
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