Today trading as at 11 a.m. has exceeded 18 % of the paid up capital of SBC. This might not confirmed anything solid but personally I still feel that something is brewing as this counter hardly trade with high volumes over many months. Hence, I strongly feel that there might a change of ownership or new partners might be taken in soon. Insiders definitely are buying prior to announcement.
High volumes followed by higher share price indicate something is brewing for the company. SBC share price could even be higher once Management revealed the reason for such strong buying sentiment.
Trapped in this BU GGER since May 2015 @ 72c. Luckily I also averaged down @ 39c late last year so my cost is 58.5c.
SOLD 60% for 60.5c-64.5c this morning! =)
2021-08-05 11:43
After averaging down on my remaining SBCCorp @ 40c recently & lowering my avg cost to 52.12c, I SOLD half @ 59.5c this morning...reaching 725 consecutive days of trading profit ✌
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
chankp7010
614 posts
Posted by chankp7010 > 2021-08-04 11:21 | Report Abuse
Today trading as at 11 a.m. has exceeded 18 % of the paid up capital of SBC. This might not confirmed anything solid but personally I still feel that something is brewing as this counter hardly trade with high volumes over many months. Hence, I strongly feel that there might a change
of ownership or new partners might be taken in soon. Insiders definitely are buying prior to announcement.