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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

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Post by Manipulated on Oct 14, 2022 11:55am

Massive LOI

Share price should be sitting at 8 to 10 cents with the LOI pr. I'm not a fan of LOIs but this looks to translate into a big sale... quote from pr....

The Director General and CEO of LCDA stated in the LOI, "At your earliest convenience we look forward to furthering our discussion to enter into a purchase agreement with LCDA for the purchase of Star Tracking Systems, which will also lay a foundation for strong and positive relations for future engagements."
Comment by pikeroo_007 on Oct 14, 2022 1:36pm
I look at price action. What is bought and what is sold not what is written. What I saw was massive volume before the press release came out with a very nice shareprice increase. It even got exciting for a few days. That tells me some people knew something was in the works. Then when "the massive" news came out a group of people sold off into a certain hype on the "massive"news ...more  
Comment by Manipulated on Oct 14, 2022 8:00pm
I fully agree with you Pikeroo, price action is king no matter what the news. I was closely watch the bid and ask today solely. Buyers stepped up and took out the 2.5 wall. That's a good thing. Then the spread was a penny, big bid @2 with a big ask@3. I was watching thinking someone would sell into the 2's, that did not happen and I was good with that too.  All in all good day for SNA ...more  
Comment by pikeroo_007 on Oct 17, 2022 1:49pm
Manipulated, this ape right here has had diamond hands since 2014. Lets see what she says going forward. An ape that has been 8 years patient certainly has more diamond left in him!
Comment by Manipulated on Oct 17, 2022 3:35pm
Diamond hands is absolutely correct. Those of us who held through the dark days and continue to hold certainly hand diamonds for hands. I'm really excited and hoping that the LOI announcement turns into a sales pr. Star has been busy working. And it shows.