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100% drop!
How much contribution will this license give them? I think the anticipation of the HK pension fund is greater. Hope they get that. Pray hard for IFast.
SGPhantom ( Date: 05-Dec-2020 23:10) Posted:
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Judging by how SEA only went up less than 10% after the news break, I hope iFast don't dip more than 15-20%.
For those who are still waiting for the 3rd DW license, there is none. MAS stated clearly UP TO 3, can be 1, 2 or 3 max. First and foremost, the candidate must MEET the criteria, so I guess they don't.
Unfortunately, for investors like me, this is a fact. But if I am mistaken, and a 3rd license is awarded, and somehow it goes to iFast, that will be a very pleasant XMAS present to a very bad Pandemic year. But I seriously doubt it will happen.
I got in pretty low, so I can afford a "wait and see". But those who got in late may feel the tidal selling waves, judging by the sentiment here and on the street.
Fasten your seat belts next week, pun intended!
Are there alot of shares to borrow in SBL? If not then there will be many doing naked shorts, what if the company call for trading halts if price dropped alot that day 🤔
Don?t think retailers will be burnt as many will not be dared to chased at such high price. On the other hand, price could be inflated by insiders so that even if they do not get the licence and share price corrected significantly, the overall impact to them will still be neutral.
Goldfinger ( Date: 05-Dec-2020 21:12) Posted:
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I will if its cheap enough. Good luck
easywin ( Date: 05-Dec-2020 21:15) Posted:
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Imagine on Monday if the price keeps dropping than who will buy?
Price so inflated - Price to Book over 10 times and Price to Earnings over 100 times. Go figure. Now after losing Digibank race - price will correct severely and swiftly. MAS and SGX must investigate if any hanky panky in the trading. Many people have their fingers burnt.
Sgx must investigate the pump and dump by the insiders from October especially high volume to yesterday
Insiders must have the news already to unload
No wonder Sgx came out query to damage control
Feel sorry for those late entrees
One bil market cap as of yesterday with no bank license
Not vested
Will be watching the falling show morning matching
Insiders must have the news already to unload
No wonder Sgx came out query to damage control
Feel sorry for those late entrees
One bil market cap as of yesterday with no bank license
Not vested
Will be watching the falling show morning matching
why not drop to $0.50 and then go to $1.00?
Maybe dropp $1.50 as it started go up from $2.40 few months back...
softdrink ( Date: 05-Dec-2020 17:39) Posted:
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We need to have a shift in mindset. Think institutional. Hope is there. To gamble or not to?
des_khor ( Date: 05-Dec-2020 17:40) Posted:
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Maybe no much up down as still got one more ... hope still there ....
Based on my previous experience, will drop at least a $0.60-$0.80 on Monday.
I am not vested in ifast.
I am not vested in ifast.
Yes.. Monday switch from I Run Fast to Singtel....No $4 no sell
easywin ( Date: 05-Dec-2020 16:15) Posted:
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Monday sell I-fast buy SingTel is a right choice to minimize losses
why $4? and not $2.90 on Tuesday?
pls share your analysis :)
pls share your analysis :)
Piston88 ( Date: 05-Dec-2020 01:15) Posted:
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Sounds more like a please don' t short sell, dump my share type of statement. Please continue to believe in the mirage and hype. I wouldn' t believe and try to catch a plunging knife. The selling may go on for several weeks and rounds. Maybe at SGD1.50 I can collect.
Flyingtask ( Date: 05-Dec-2020 12:48) Posted:
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This one is push up from $2 in anticipation of the feel good factor it's is a strong candidacy to clinch the digital bank licence