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Genting Sing    Last:0.73    -0.01

GenSp starts to move up again

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Isolator
    11-May-2012 13:38  
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All in... lol... Profit already.... lol

iPunter      ( Date: 11-May-2012 10:55) Posted:

Sifu " mau " ?... lol...  Smiley

Isolator      ( Date: 11-May-2012 10:15) Posted:

Do my final showhand to long dow at around 1.60......    Either lost big big or win big big..... Cheong la... lol


 
 
sgnewbie
    11-May-2012 12:51  
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Macho888
    11-May-2012 12:18  
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Well, I think it will break $1.60 before closing and continue the slide next week until it finds strong support around $1.50. Not so much about the stock itself (although it is weak) but you have to take macro-factor into consideration. Look at Dow future is currently down by more than 60 points due to JP Morgan and China CPI. Wilmar's recent movement will be a good sample .....Smiley


Isolator      ( Date: 11-May-2012 10:15) Posted:

Do my final showhand to long dow at around 1.60......    Either lost big big or win big big..... Cheong la... lol

 

 
goondusamy
    11-May-2012 11:01  
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I strongly believe it will rise from ashes again eh... (," ) (" ,)

Desolator is something who has foresight eh...kekeke...(," ) (" ,) 

Isolator      ( Date: 11-May-2012 10:50) Posted:

The gap will be close....... $2 will come....

 
 
iPunter
    11-May-2012 10:55  
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Sifu " mau " ?... lol...  Smiley

Isolator      ( Date: 11-May-2012 10:15) Posted:

Do my final showhand to long dow at around 1.60......    Either lost big big or win big big..... Cheong la... lol

 
 
Isolator
    11-May-2012 10:50  
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The gap will be close....... $2 will come....
 

 
rotijai
    11-May-2012 10:38  
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haha.. ok good

Isolator      ( Date: 11-May-2012 10:26) Posted:

1 bid below today intraday low is the stop..... lol

 
 
Bopanha
    11-May-2012 10:29  
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Yes. But you must have reserve funds in case of margin call.  Shortists always win if they have the funds because the market will always come down after going up.  The deposit ranges from 10 percent to 30 percent depending on counters.  If you know how to ensure your sale average is always above the market price at any point of time, you will always come out the winner.

oldflyingfox      ( Date: 11-May-2012 10:05) Posted:



u mean u can short forever as long as u pay the interest? How much and how often u need pay?

 
 
Isolator
    11-May-2012 10:26  
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1 bid below today intraday low is the stop..... lol
 
 
rotijai
    11-May-2012 10:18  
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wats the stop loss?

Isolator      ( Date: 11-May-2012 10:15) Posted:

Do my final showhand to long dow at around 1.60......    Either lost big big or win big big..... Cheong la... lol

 

 
Isolator
    11-May-2012 10:15  
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Do my final showhand to long dow at around 1.60......    Either lost big big or win big big..... Cheong la... lol
 
 
rotijai
    11-May-2012 10:15  
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unless u have  lots of $$ to burn, if not i suggest u stay out of learning this :)

just buy when u think the price is low enough

oldflyingfox      ( Date: 11-May-2012 10:05) Posted:



u mean u can short forever as long as u pay the interest? How much and how often u need pay?

 
 
oldflyingfox
    11-May-2012 10:05  
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u mean u can short forever as long as u pay the interest? How much and how often u need pay?
 
 
Bopanha
    11-May-2012 10:03  
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Always remember that in playing short, you could lose all the money you deposited if you are not strong financially.  Even if you are strong, there are the market snakes who are many times stronger than you and can eat you up whole.  So be careful if you are going to play shorting all the time. 

Bopanha      ( Date: 11-May-2012 09:47) Posted:

No need.  You just need to have a share borrowing account and put some cash in it.

oldflyingfox      ( Date: 11-May-2012 09:40) Posted:

but if u short, u have to cover within the day which is very risky.


 
 
iPunter
    11-May-2012 10:02  
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It is like swimming in the big sea... 

    You can go deeper and deeper... until you are breathless... lol...


            But even assuming you reached the breakeven point,

                    you can bet your bottom dollar that you will not get out... Smiley


Bopanha      ( Date: 11-May-2012 09:50) Posted:

My target is to short 50 lots, and so far already shorted 20 lots.  At every up move, I will short some and even if it moves to $2.00 I still short and wait for it to come down to my average short prices to be either making or break even.

 

 
Bopanha
    11-May-2012 09:50  
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My target is to short 50 lots, and so far already shorted 20 lots.  At every up move, I will short some and even if it moves to $2.00 I still short and wait for it to come down to my average short prices to be either making or break even.
 
 
Bopanha
    11-May-2012 09:47  
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No need.  You just need to have a share borrowing account and put some cash in it.

oldflyingfox      ( Date: 11-May-2012 09:40) Posted:

but if u short, u have to cover within the day which is very risky.

 
 
Bopanha
    11-May-2012 09:45  
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About there, but I will cover around 1.47.   

Hawkeye      ( Date: 11-May-2012 09:41) Posted:



What is your anticipated target price this time round?

My expectation is $1.50

Bopanha      ( Date: 11-May-2012 09:35) Posted:

In most market when it reaches the bottom, it will spring up.  However, whenever there is a drop in sgx market, the prices seldom spring up.  It moves like a tortoise in this case.  So when selling is due, sell and never buy until the price hits rock rock bottom.  Always short, that's what I do, and am still short in many counters, mid caps, blue chips and penny stocks.  The BBs helped me by their pushing down stocks.


 
 
bishan22
    11-May-2012 09:41  
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Shorted at 1.63. Good luck.  Smiley

bishan22      ( Date: 10-May-2012 20:17) Posted:

Tomorrow another shorting candidate ???  Smiley

teeth53      ( Date: 10-May-2012 19:45) Posted:



  Genting SP Last:1.67 Vol:25604k -0.02

http://sg.finance.yahoo.com/news/genting-singapore-posts-33-pct-102309306.html

Thursday - Genting Singapore PLC, which owns one of S'pore's two multibillion-dollar casino complexes, posted a 33% fall in 1st quarter net profit, due to lower gaming revenues. The S'pore unit of Msia's Genting Bhd  earned S$205.5 million ($163.9 million) i n the January-March period, down from S$ 305.4 million a year earlier.


 
 
Hawkeye
    11-May-2012 09:41  
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What is your anticipated target price this time round?

My expectation is $1.50

Bopanha      ( Date: 11-May-2012 09:35) Posted:

In most market when it reaches the bottom, it will spring up.  However, whenever there is a drop in sgx market, the prices seldom spring up.  It moves like a tortoise in this case.  So when selling is due, sell and never buy until the price hits rock rock bottom.  Always short, that's what I do, and am still short in many counters, mid caps, blue chips and penny stocks.  The BBs helped me by their pushing down stocks.

 
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