SGR 2.00% 51.0¢ the star entertainment group limited

Forgive me but isn't it the job of Long Biased investors' to...

  1. 4,646 Posts.
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    WOW!!! This has shed so much light for me!!! eek.pngeek.pngeek.png
    Forgive me but isn't it the job of Long Biased investors' to positively ramp and spin ANY media release? We find your statement of "nothing announcement" as rather curious. Would many Long Holders also think this?? THat there is NO substance in the article?? Let me provide my take...

    STATE STREET recently became a Top 20 Shareholder.
    I did NOT know Star City was were in Lending Agreements with BARCLAYS BANK! So thanks @Runner2018 for that insight!!

    So check it out eek.png

    https://hotcopper.com.au/data/attachments/5991/5991837-612b5a48cc1cb6189fd9eac49dbff846.jpg
    Wanna know what PRICES State Street been "BUYING" stock at??
    Wait....first off, we all know to BUY LOW and SELL HIGH right???
    Well, how does one explain Market Professionals who KNOW what they are doing, like State Street,..... Why are they BUYING HIGH? Like really high, at EVERY price??

    Here's their prices

    https://hotcopper.com.au/data/attachments/5991/5991841-4562480b562ed48b0e9640877eec694a.jpg

    And hold up let me continue......

    Wanna know what they DO with these shares??
    ? Have they built a position with their unlimited funds to keep paying high, high, high because they "KNOW" about the license being re-instated? NO!! I'll tell ya what they do...

    THEY LOAN THEM OUT!!! TO WHO?!?!?!
    U.B.S Securities
    GOLDMAN SACHS (I am sure J.P Morgan) too
    Morgan Stanley
    And here's the best one....
    STAR CITY'S VERY OWN LENDER...... BARCLAYS BANK!!! Is this NOT a conflict of interest in any way at all?!!?! Investors are too silly and lazy to read through just 9 basic pages. They stop any further reading at "Becoming A Substantial Holder" redface.png

    They have done them at key points in the chart too... They bought at the TOPS ie getting positions on and then loaning them at higher prices so that insto's cover them lower, rinse repeat. The attachments below show MORE LENDING than securities being RETURNED

    Funny the amount of research this "TRADER" does. It's all a skillset being developed for when I have larger bankroll so for now I am really limited to taking short term trades and scaling my account size to do more damage later with it.


    https://hotcopper.com.au/data/attachments/5991/5991849-afed1b7a66fc730aaf56b93512279fc8.jpg

    Barclays AND Goldman Sachs BOTH took shares from State Street as a Short. This was at 47c level on 21st Feb
    Prices have been rejecting 47c quite a bit
    We still don't have any other data so imagine,
    WHO took borrows today?
    With News on Thursday 29th, tomorrow's price action is going to be interesting as it may give early indications, just like ACL's chart today before news tomorrow (they seem to have a shocker on the way)

    https://hotcopper.com.au/data/attachments/5991/5991892-d91e8fabb865825dfafe65243deb0358.jpg
 
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Last
51.0¢
Change
0.010(2.00%)
Mkt cap ! $1.463B
Open High Low Value Volume
50.5¢ 51.0¢ 50.0¢ $4.173M 8.244M

Buyers (Bids)

No. Vol. Price($)
15 864292 50.5¢
 

Sellers (Offers)

Price($) Vol. No.
51.0¢ 271534 12
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SGR (ASX) Chart
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