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Bullboard - Stock Discussion Forum Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company is focused on providing aerospace and transportation data services solutions along with hardware and software platforms that assist aviation and other transport related operators worldwide. It manufactures In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data... see more

CSE:SNA - Post Discussion

Star Navigation Systems Group Ltd > Sna stock. Prove yourself
View:
Post by pikeroo_007 on Apr 19, 2022 11:36pm

Sna stock. Prove yourself

Company seems to be finally taking off and getting some traction, but when we look at the stock price action there seems to be no traction at all. Heavy selling happening at 3 and 2.5 cents, mostly all by one instution which is TD. Looks like an insider dumping onto retail on all the media hype being thrown their way. I would wait on buying this stock until it actually proves it can be potent. Better be safe and pay the premium down the road than risking losing here.
Comment by Newtechfan on Apr 20, 2022 10:43am
Wise position.  If you carefully look at the PRs they are all recycled materials, and the advertised 'order' is conditional. Long time shareholders have already seen that a number of times. So let's keep that on the back burner and see if and when the stock price can reach say 0,07 on their own merits.  And by the way,a new necessary PP will come and dilute even more the ...more  
Comment by TonyMontana3 on Apr 20, 2022 12:11pm
Its best to watch on the sidelines to see what Star can do. I would however disagree that the PR's are recycled. Star hasnt had third party validation of the technology and a solid partnership before as they have with FlightPath. To host their own Aviation Safety Conference in Kenya is a bold move. Lets see if Star can get any sales from this. They are clearly burning through alot of cash ...more  
Comment by Manipulated on Apr 20, 2022 1:56pm
Great post TonyMontana. Well thought out and written. You absolutely correct on all your points. I think with their new approach sales will come.