Want to cut all the market noise? Just follow what the commercials do.
CentraLand To Delist from SGX - Pickard Enterprises Limited
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CentraLand just announced that it will be delisted from SGX next Friday. Pickard Enterprises Limited offered SGD 0.40 per share to acquire all the issued ordinary shares.
For those of you not familiar with the Commitments of Traders Report, COT Proxy, you might want to check out this website Larry Williams Picture Perfect Trading for a brief introduction. I attended one of his Picture Perfect courses a few years ago and this was one of the things he touched on. The COT report is released by the US Commodity Futures Trading Commission where they show the open positions of traders for futures contracts. For stocks and other instruments there is no such COT report released so what the proxy has done is to simulate/gauge the open positions of these traders.
Straits Times Index - STI COT Proxy The STI or Straits Times Index, a benchmark for SGX stocks is ending lower this week. The commercials are net short since May 2012.
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