Swiber - Grossly undervalued

When insiders and major shareholders are selling, I found it very hard to bottom fish this Swiber. investsgx.blogspot.com/2008/09/swiber-ho...ider-activities.html However, the support at $1.30 level seems very strong from last few weeks of trading condition. However, oil price at $80 a barrel, or, just rumours/ expectation of market, is sufficient to press it hard to below one dollar mark. Mr. Market is very irrational. Take care of your cash now!

Swiber has become a penny stock

The one thing I cannot stomach is insider selling..