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Star Navigation Systems Group Ltd C.SNA

Alternate Symbol(s):  SNAVF

Star Navigation Systems Group Ltd. is a technology company. The Company focuses 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 the In-flight Safety Monitoring System (STAR-ISMS), an aircraft computer that is at the heart of the Star Airborne Data System (STAR-A.D.S.). The STAR-A.D.S. System has real-time capability of tracking, performance trends and predicting incident-occurrences which enhances aviation safety and improves fleet management while reducing costs for the operator. Star's MMIDivision (Military and Defence) designs and manufactures high performance, mission-critical, flight deck flat panel displays for defense and commercial aviation industries worldwide. The STAR-V-TRK system is its small-scale tracking and monitoring system that can be installed on smaller vehicles such as boats, marine, trains, trucks, and others.


CSE:SNA - Post by User

Comment by PeterPiperon Feb 23, 2012 6:47pm
124 Views
Post# 19576481

RE: RE: Dale Sparks sells more.

RE: RE: Dale Sparks sells more.

Again you seem to be more interested in why something happens than the fact that it happens.  It doesn't matter why Dale is selling, but how can it be a good thing, for you, if someone is in the process of dumping 1.5 million shares?  At it seems he is willing to do it at any price.  His last to sells were at 9.5 cents.

You say this thing is going over $1 this year!?!  Based on what?  All you have from management are promises.  Promises never made a stock go up 10 times in a year.

When they run out of money, what will the company do?  You can only go the private placement route until you get no takers.  And at what price will the next pp be?  If they get one done, it will dilute your investment even as the pps is already tanking.

You are like a guy standing on the raliroad tracks as a train comes bearing down on you, refusing to move.  Will you jump at the last minute?

Piper

 

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