Genting Sing    Last:0.74   -

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Hope tomorrow will go to 2.09.... I don't mind liao... sick and tired of this.... killing the bloody crab tonight.

Do you guys remember the saying....... GEN WILL REACH $10!!!!!!

 

That is entirely possible too... 

Bintang      ( Date: 18-Nov-2010 19:05) Posted: Genting SP may go down to $1.76 if the support at  $2.02 fail to hold  the current trend .

 

Genting SP may go down to $1.76 if the support at  $2.02 fail to hold  the current trend .

 

I saw that you bought at quite a gd price .. 2.07 and 2.02 ... if you hold another couple of days i believe GenSP is able to shoot out to 2.1x

cannotfind      ( Date: 18-Nov-2010 17:16) Posted: Yeh, today I lost $9xx.... looking forward to kill CRABS tonight

 

A trend reversal of unknown duration for the market (including GentSp)

    could have already started  last week...

         I am now hoping for  meaty rallies to short..   

 

meaning which the next 2 - 3 days the price of gar might rise.. i'm predicting base on chart movements.. not asking anyone to buy or sell... it's just to see if this method works or not.. 

 

hmm... u go see my post on gar at www.diaryofasingaporetrader.blogspot.com .... then you see the possible path that i think gar will take.. then you see the charting which really happened.. i'm just doing this for myself to see if my historical data coincides with this anot..  .. if it is then it should happen the same way as that chart movement for most shares during that period... need to see if my GAR really follows the same path... 

 

he is trying to say that BB might short it down to below $2 so that small fishes will panic and throw out while they accumulate at low px b4 pushing it up. but if it really reaches $1.9+ i think most of the BBs will have the same idea as to short it down further. .. thus might reach 1.86 very soon.

 but there are also many BBs who feels that genting is already in oversold position and are already accumulating at a certain px. and i dont think they will wan genting to drop another 15-20cts by which meaning they will be losing millions of dollars for the 10k or 20k lots that they accumulated?

and yes.. there was a great drop in genting sp on that day where it touched the 2.1 support and bounced back, but that was dued to the bad news that came from china regarding  China implementing policies to block capital inflow. and that caused a panic selling not only to genting sp but to most of the stocks in the market.

anyway.. if there are no more super big bad news... i dont think genting will fall another 10-20cts again for now? since it's already in a quite oversold region.

:)

epliew      ( Date: 18-Nov-2010 18:12) Posted: that will kill off all the interest in the market ...... what is the point ?   iPunter      ( Date: 18-Nov-2010 18:11) Posted: He was just trying to make the point      that a big fall is entirely possible...           and why not?...            It can be absolutely routine in a bad market...

 

wow...... how so ,,,,,,,, so many experts.....

Icymilo      ( Date: 18-Nov-2010 17:05) Posted: Pardon me m8, i say uptrend not cheong la, mean can consider to long from tommrow onwards but will be looking for entry point as tomorrow is Friday. Gaecia      ( Date: 18-Nov-2010 16:56) Posted: oh is it? reckon i'm silly to read things differently. Previous day's ending price GSP was 2.10, intra day high 2.14. Today it opened at 2.07 gapped down, high of 2.09 could not catch up with prev. day's closing. IF today ends at 2.05, it is another black candle. Not doji.  Another black candle doesn't signal trend reversal.

 

lcymilo,

 

u hit the bull-eyed !!!!!!!

 

2.05 !

Icymilo      ( Date: 18-Nov-2010 16:59) Posted: Since both side is BB, they will not keep the chart too far away. moreover, europe worry on ireland easing down, US major IPO and asia recovering from last few losses, will be too "ma fun" if chart is too far awaaay.....cheers icetomato      ( Date: 18-Nov-2010 16:50) Posted: A very very big I

 

Hahaha...

     Whether the market is up, or down,


          You can be sure interest in the stock market can never ever disappear.

               There's always another round to play... 

 

that will kill off all the interest in the market ...... what is the point ?

 

iPunter      ( Date: 18-Nov-2010 18:11) Posted: He was just trying to make the point      that a big fall is entirely possible...           and why not?...            It can be absolutely routine in a bad market...

 

He was just trying to make the point

     that a big fall is entirely possible... 

         and why not?...

           It can be absolutely routine in a bad market...

 

gradual increase will be a good push !

 

bladez87      ( Date: 18-Nov-2010 17:33) Posted: tmr china announcing whether their interest rate will hike anot. if yes, then time to run! i think. but why STI rebound today ah. no good news right

 

wow, we have genius here......  you have very good memory...... lucky they did not tell they bought condom too ?

wau lau.....  you must have scored A1 for history.......

Gaecia      ( Date: 18-Nov-2010 17:37) Posted: Genting is a component stock, volume and volatility is what makes it so appealing to BB whether high net worth individuals, professional traders or investment bankers to manipulate price. In the US, its called high frequencing trading. I did Not say it will be sold down to 80 cents. Post earnings downtrend we're now staring at more than 30cents drop (if u consider today's low) from the all time high of $2.35.  $2 is not untouchable, this is just 5 cents away and gsp shedded 5 cents today from Tues. There was one fateful day, after lunchtime gsp opened around 2.25 and it dropped intraday big time all the way to 2.10 and closed 2.13. That was a 15 cent price mvt, very unusual and who do u think did it? That day it hit Bullish's stop limit of 2.19, Bladez sold 2.13 due to internet connection glitch and u sold at 2.10 in shock after back frm buying cotton/ lotion for your wife. Was it u or eastcivic? elton81      ( Date: 18-Nov-2010 17:15) Posted: gaecia.. if u are talking about a normal singapore stock.. yes.. BB can control the price and let it fall below 2 to make weak players throw out their stocks by breaking the psychological $2 barrier. but we are talking about genting, a stock which one BB alone cant do much.. as there are at least 4-5 BBs together on the boat. unless u want to say that BB alone have the wealth and fund to counter the rest of the BBs + retailers.. than i got nothing to say.. just my 2 cts worth of thinking.. not trying to debate or anything :) ... wondering too.. what will happen if all the BBs get together and short genting down to hell... LOL mayb next yr Jan genting will be back to a 80ct stock.. hahaha... hopefully that doesnt happen... man u are making me think of stupid things.. hahahah

 

 

typo, its high frequency trading.

 

Genting is a component stock, volume and volatility is what makes it so appealing to BB whether high net worth individuals, professional traders or investment bankers to manipulate price. In the US, its called high frequencing trading.

I did Not say it will be sold down to 80 cents. Post earnings downtrend we're now staring at more than 30cents drop (if u consider today's low) from the all time high of $2.35.  $2 is not untouchable, this is just 5 cents away and gsp shedded 5 cents today from Tues.

There was one fateful day, after lunchtime gsp opened around 2.25 and it dropped intraday big time all the way to 2.10 and closed 2.13. That was a 15 cent price mvt, very unusual and who do u think did it? That day it hit Bullish's stop limit of 2.19, Bladez sold 2.13 due to internet connection glitch and u sold at 2.10 in shock after back frm buying cotton/ lotion for your wife. Was it u or eastcivic?

elton81      ( Date: 18-Nov-2010 17:15) Posted: gaecia.. if u are talking about a normal singapore stock.. yes.. BB can control the price and let it fall below 2 to make weak players throw out their stocks by breaking the psychological $2 barrier. but we are talking about genting, a stock which one BB alone cant do much.. as there are at least 4-5 BBs together on the boat. unless u want to say that BB alone have the wealth and fund to counter the rest of the BBs + retailers.. than i got nothing to say.. just my 2 cts worth of thinking.. not trying to debate or anything :) ... wondering too.. what will happen if all the BBs get together and short genting down to hell... LOL mayb next yr Jan genting will be back to a 80ct stock.. hahaha... hopefully that doesnt happen... man u are making me think of stupid things.. hahahaha Gaecia      ( Date: 18-Nov-2010 17:05) Posted:   don't speak too soon. The investment bankers knows our trading behavior and common pyschology. The min. threshold of most retail pple who are in long positions is the magical $2. Gsp can be made to dive below that to trigger and wipe out many people's stop limit at that level.  Again must be Gaecia really thinking too much, worry abt d sky dropping. i also hope it doesn't happen.

 

ha ha..... brother, relax lah. like that singapore garment may put them behind the bars.... and give canning..... u know....

election how to win ?

elton81      ( Date: 18-Nov-2010 17:15) Posted: gaecia.. if u are talking about a normal singapore stock.. yes.. BB can control the price and let it fall below 2 to make weak players throw out their stocks by breaking the psychological $2 barrier. but we are talking about genting, a stock which one BB alone cant do much.. as there are at least 4-5 BBs together on the boat. unless u want to say that BB alone have the wealth and fund to counter the rest of the BBs + retailers.. than i got nothing to say.. just my 2 cts worth of thinking.. not trying to debate or anything :) ... wondering too.. what will happen if all the BBs get together and short genting down to hell... LOL mayb next yr Jan genting will be back to a 80ct stock.. hahaha... hopefully that doesnt happen... man u are making me think of stupid things.. hahahaha Gaecia      ( Date: 18-Nov-2010 17:05) Posted:   don't speak too soon. The investment bankers knows our trading behavior and common pyschology. The min. threshold of most retail pple who are in long positions is the magical $2. Gsp can be made to dive below that to trigger and wipe out many people's stop limit at that level.  Again must be Gaecia really thinking too much, worry abt d sky dropping. i also hope it doesn't happen.

 

tmr china announcing whether their interest rate will hike anot. if yes, then time to run! i think. but why STI rebound today ah. no good news right

 

If can stay till 3 am and tell you how to make money, i do not mind staying up everyday haha. But not every one like daniel can read the signs. Hope can learn a thing or two from daniel and all the forumers here. Hope GSP up today, vested some at 2.03 

cannotfind      ( Date: 18-Nov-2010 17:22) Posted: hehe... just kidding.... are you going to stay up till 3am today again? Leinadgnow      ( Date: 18-Nov-2010 17:20) Posted: uhh.. okay okay.. you said it first k.. credit goes to you... lol ....   Anyway ... it doesn't matter what it is .. i'm not gonna speculate and say what price it will drop to anymore.. all i am looking out for now is the reversal trend and confirmation to earn money.. that's all :D