Genting Sing    Last:0.755    +0.02

GenSp starts to move up again

yes yes yes... i remembered some 'smart', 'wise ANALS ever wrote that it is oversold, blah blah bah, time to rebound back to 2.20+, now that casino operation fully operational, theme park running, roller coaster resumed.... yes, it has resumed its roller coaster back down!!!!!    So where are the ANALS now??? 

HAHAHAHAH!!!

iPunter      ( Date: 19-Aug-2011 16:16) Posted: When GentSp was it was @2.00,       many said it was very cheap... so they " mau" on it ...                  Today, it is 1.53, many will say it is cheap... parimas8      ( Date: 19-Aug-2011 16:08) Posted: i know of an idiot who bought cosco at between 3.45-3.50 for 40 lots and still huggin' it closely as though it is his lover. a 100k lover.

 

The lastest Aug2011 edition share investment book already predict support $1.45...when the share price is $1.75.....

That's why I short all the way till $1.62 and cover position.....seem like gonna go towards $1.45 soon....

 

so fast sink liao. haven't 430 BB throw liao. haizz..

stoheart72      ( Date: 19-Aug-2011 16:21) Posted: already hit 1.53 sinetic8      ( Date: 19-Aug-2011 16:17) Posted: 15 mins more to the exciting, high blood pressurizing show.

 

already hit 1.53

sinetic8      ( Date: 19-Aug-2011 16:17) Posted: 15 mins more to the exciting, high blood pressurizing show. stoheart72      ( Date: 19-Aug-2011 16:13) Posted: Judging from the dropping rate now, might be even lowe

 

15 mins more to the exciting, high blood pressurizing show.

stoheart72      ( Date: 19-Aug-2011 16:13) Posted: Judging from the dropping rate now, might be even lower sinetic8      ( Date: 19-Aug-2011 16:08) Posted: genting might close at 1.530. djia futures SWOLLEN, europe market decling at 2-3%. Last half hour of trading, genting gonna sink.

 

When GentSp was it was @2.00,

      many said it was very cheap... so they " mau" on it ... 

                Today, it is 1.53, many will say it is cheap...

parimas8      ( Date: 19-Aug-2011 16:08) Posted: i know of an idiot who bought cosco at between 3.45-3.50 for 40 lots and still huggin' it closely as though it is his lover. a 100k lover.   alexchia01      ( Date: 19-Aug-2011 12:46) Posted: Whether it's a good counter to hold at $1.20 or not, depends on how the price move then and the market condition during that time. Difficult to tell now. If I'm that uncle, I would sell all by now. However, his strategy is still much better than many. I know someone who brought Genting SP at $2.00 using his emergency fund and behind his wife's back

 

Judging from the dropping rate now, might be even lower

sinetic8      ( Date: 19-Aug-2011 16:08) Posted: genting might close at 1.530. djia futures SWOLLEN, europe market decling at 2-3%. Last half hour of trading, genting gonna sink.

 

to those who hasnt got a chance to short this baby, do it now. last chance! HAHAHAHAAHAH~!!!!!

sinetic8      ( Date: 19-Aug-2011 16:08) Posted: genting might close at 1.530. djia futures SWOLLEN, europe market decling at 2-3%. Last half hour of trading, genting gonna sink.

 

i know of an idiot who bought cosco at between 3.45-3.50 for 40 lots and still huggin' it closely as though it is his lover. a 100k lover.

 

alexchia01      ( Date: 19-Aug-2011 12:46) Posted: Whether it's a good counter to hold at $1.20 or not, depends on how the price move then and the market condition during that time. Difficult to tell now. If I'm that uncle, I would sell all by now. However, his strategy is still much better than many. I know someone who brought Genting SP at $2.00 using his emergency fund and behind his wife's back. louis001      ( Date: 19-Aug-2011 12:25) Posted: so when it hits 1.20 by year end...it becomes a good counter to hold ? not surprise to see many people waiting....got   one uncle bought 200lots during Lehman Crisis at 0.86, let go 50+50lots over last few months.. now still holding 100lots...

 

genting might close at 1.530. djia futures SWOLLEN, europe market decling at 2-3%. Last half hour of trading, genting gonna sink.

 

or cut loss at the closest instant and re-game your position when it has plunged further.  if i would not have cut Genting-sp at 1.570, i would have been worse off now that it is wobbly even at 1.540.  but seriously if you ask me whether to short now... i'm not sure it will not go down to 1.440 in a weeks time. but it may go back to 1.640 too if DOW shoots up.  never say NEVER!

HAHAHAHA!!!!

iPunter      ( Date: 19-Aug-2011 15:52) Posted: Sifu has your good reasons.       Generally speaking, today's market is unlike that in the past...                   Whereas in the past there were smart people like Nicolas Darvas (averaging up)                               and Warren Buffet (averaging down), today, the market is a totally different animal.                       One simply have to grab one's profits before it vanishes into thin air the next moment...                           parimas8      ( Date: 19-Aug-2011 13:02) Posted: no master iP, my 1.72, 1.665 were short positions. i'm tempted to close them by longing but i hate that feeling when after covering my shorts, the price keep on dropping (and seeing my profits flow away).   HAHAHAHAH... the market is nobody's guess. just like this morning, i did a small long position @ 1.580 and target to let go if it reach 1.595 for some quick cash for this weekend's dimsum with family, but alas the market has spoken and it  tanked to  1.560 HAHAHAHAH... anyway i stop loss at $1.570.    Such is the beauty (or beast)  of the market

 

lol, well good to hear that, do enjoy your weekend.

parimas8      ( Date: 19-Aug-2011 15:59) Posted: yup i'm cleared of all my longs except my longing to have a good weekend free from all these craps. HAHAHAHAAH!!!  stoheart72      ( Date: 19-Aug-2011 13:37) Posted: Sorry to hear that. If you wanted to short today's gsp, u should have done it at the start when the market was at 1.6.  Generally today is a down day, after Euro major dump and US 4% drop in almost all their index, its hard to believe that the Asia market can be left undisturbed. But after lunch, I wont recommend anything,  cause that is a little  too late for that decision for a Friday (Weekend's market can be very fickle minded). Good luck

 

yup i'm cleared of all my longs except my longing to have a good weekend free from all these craps. HAHAHAHAAH!!! 

stoheart72      ( Date: 19-Aug-2011 13:37) Posted: Sorry to hear that. If you wanted to short today's gsp, u should have done it at the start when the market was at 1.6.  Generally today is a down day, after Euro major dump and US 4% drop in almost all their index, its hard to believe that the Asia market can be left undisturbed. But after lunch, I wont recommend anything,  cause that is a little  too late for that decision for a Friday (Weekend's market can be very fickle minded). Good luck. parimas8      ( Date: 19-Aug-2011 13:10) Posted: during lunch my friend asked me.  why not short  genting-sp  down now? it seems like this bugger will tank to sub 1.50.  which makes 1.570 looks like it still got lots of juicy meat? yes, thats what i thought when i shorted genting-sp at 1.610 during last week's plunge. then what happened?  it surged up to 1.71 the next day!!!!    FARK!!!!!  not exactly fun when out of the  sudden  the paper-loss runs  creeped into  the 5-digit sum.  HAHAHAAHAH!!!!! so, to those who likes to  profound that they know how to read the 'celestial' chart and anticipate the groovy moves e.g.  " market oversold, time to enter.... caveat emptor" . i say to you. C0WDUNG!!!!  HAHAHAHAHAHA!!!!!

 

Sifu has your good reasons.

      Generally speaking, today's market is unlike that in the past...

                  Whereas in the past there were smart people like Nicolas Darvas (averaging up)


                              and Warren Buffet (averaging down), today, the market is a totally different animal.

                      One simply have to grab one's profits before it vanishes into thin air the next moment...                          

parimas8      ( Date: 19-Aug-2011 13:02) Posted: no master iP, my 1.72, 1.665 were short positions. i'm tempted to close them by longing but i hate that feeling when after covering my shorts, the price keep on dropping (and seeing my profits flow away).   HAHAHAHAH... the market is nobody's guess. just like this morning, i did a small long position @ 1.580 and target to let go if it reach 1.595 for some quick cash for this weekend's dimsum with family, but alas the market has spoken and it  tanked to  1.560 HAHAHAHAH... anyway i stop loss at $1.570.    Such is the beauty (or beast)  of the market! iPunter      ( Date: 19-Aug-2011 12:15) Posted: If you say you are a novice, I am surprised       that you  have been averaging down a couple of times.         A novice must never, never play the averaging game.                       Averaging is only for very rich people eg. Warren Buffet.                                 For the rest of us, it is not realistic to act like a Warren Buffet... lol...

 

Looks like the Euro market is going down again today,  pulling the GlobalDow further down by 10 pts.  If no good news pop on weekend,  it's going to be another good session for those that looking to short.

 

Sorry to hear that. If you wanted to short today's gsp, u should have done it at the start when the market was at 1.6.  Generally today is a down day, after Euro major dump and US 4% drop in almost all their index, its hard to believe that the Asia market can be left undisturbed. But after lunch, I wont recommend anything,  cause that is a little  too late for that decision for a Friday (Weekend's market can be very fickle minded). Good luck.

parimas8      ( Date: 19-Aug-2011 13:10) Posted: during lunch my friend asked me.  why not short  genting-sp  down now? it seems like this bugger will tank to sub 1.50.  which makes 1.570 looks like it still got lots of juicy meat? yes, thats what i thought when i shorted genting-sp at 1.610 during last week's plunge. then what happened?  it surged up to 1.71 the next day!!!!    FARK!!!!!  not exactly fun when out of the  sudden  the paper-loss runs  creeped into  the 5-digit sum.  HAHAHAAHAH!!!!! so, to those who likes to  profound that they know how to read the 'celestial' chart and anticipate the groovy moves e.g.  " market oversold, time to enter.... caveat emptor" . i say to you. C0WDUNG!!!!  HAHAHAHAHAHA!!!!!      parimas8      ( Date: 19-Aug-2011 13:02) Posted: no master iP, my 1.72, 1.665 were short positions. i'm tempted to close them by longing but i hate that feeling when after covering my shorts, the price keep on dropping (and seeing my profits flow away).   HAHAHAHAH... the market is nobody's guess. just like this morning, i did a small long position @ 1.580 and target to let go if it reach 1.595 for some quick cash for this weekend's dimsum with family, but alas the market has spoken and it  tanked to  1.560 HAHAHAHAH... anyway i stop loss at $1.570.    Such is the beauty (or beast)  of the market

 

during lunch my friend asked me.  why not short  genting-sp  down now? it seems like this bugger will tank to sub 1.50.  which makes 1.570 looks like it still got lots of juicy meat?

yes, thats what i thought when i shorted genting-sp at 1.610 during last week's plunge. then what happened?  it surged up to 1.71 the next day!!!!    FARK!!!!! 

not exactly fun when out of the  sudden  the paper-loss runs  creeped into  the 5-digit sum.  HAHAHAAHAH!!!!!

so, to those who likes to  profound that they know how to read the 'celestial' chart and anticipate the groovy moves e.g.  " market oversold, time to enter.... caveat emptor" .

i say to you. C0WDUNG!!!!  HAHAHAHAHAHA!!!!!     

parimas8      ( Date: 19-Aug-2011 13:02) Posted: no master iP, my 1.72, 1.665 were short positions. i'm tempted to close them by longing but i hate that feeling when after covering my shorts, the price keep on dropping (and seeing my profits flow away).   HAHAHAHAH... the market is nobody's guess. just like this morning, i did a small long position @ 1.580 and target to let go if it reach 1.595 for some quick cash for this weekend's dimsum with family, but alas the market has spoken and it  tanked to  1.560 HAHAHAHAH... anyway i stop loss at $1.570.    Such is the beauty (or beast)  of the market! iPunter      ( Date: 19-Aug-2011 12:15) Posted: If you say you are a novice, I am surprised       that you  have been averaging down a couple of times.         A novice must never, never play the averaging game.                       Averaging is only for very rich people eg. Warren Buffet.                                 For the rest of us, it is not realistic to act like a Warren Buffet... lol...

 

no master iP, my 1.72, 1.665 were short positions. i'm tempted to close them by longing but i hate that feeling when after covering my shorts, the price keep on dropping (and seeing my profits flow away).

 

HAHAHAHAH... the market is nobody's guess. just like this morning, i did a small long position @ 1.580 and target to let go if it reach 1.595 for some quick cash for this weekend's dimsum with family, but alas the market has spoken and it  tanked to  1.560 HAHAHAHAH... anyway i stop loss at $1.570. 

 

Such is the beauty (or beast)  of the market!

iPunter      ( Date: 19-Aug-2011 12:15) Posted: If you say you are a novice, I am surprised       that you  have been averaging down a couple of times.         A novice must never, never play the averaging game.                       Averaging is only for very rich people eg. Warren Buffet.                                 For the rest of us, it is not realistic to act like a Warren Buffet... lol...          parimas8      ( Date: 19-Aug-2011 11:30) Posted: i have multiple short positions from 1.720, 1.665, 1.610.  but looking at the 'celestial' charts, it  looks set to  bounce up. thats why i have covered some this morning, albeit a bit quick on the hands (1.595). at least it covered my 1.610 shorts. i m a novice and was too worried for a sudden big-swallow by lim familee back to 1.61 &   above.  but nvm. i've just long some at 1.580. will let go at 1.595.

 

Whether it's a good counter to hold at $1.20 or not, depends on how the price move then and the market condition during that time. Difficult to tell now.

If I'm that uncle, I would sell all by now. However, his strategy is still much better than many.

I know someone who brought Genting SP at $2.00 using his emergency fund and behind his wife's back.

louis001      ( Date: 19-Aug-2011 12:25) Posted: so when it hits 1.20 by year end...it becomes a good counter to hold ? not surprise to see many people waiting....got   one uncle bought 200lots during Lehman Crisis at 0.86, let go 50+50lots over last few months.. now still holding 100lots...   alexchia01      ( Date: 19-Aug-2011 12:08) Posted: Genting SP is no longer a good counter to hold. It's in the down trend already. Even if it bounce up, I don't see it bounce very high. But, I'm expecting it to fall further. I'm not surprise to see it hitting $1.20 by year end

 

so when it hits 1.20 by year end...it becomes a good counter to hold ?

not surprise to see many people waiting....got   one uncle bought 200lots during Lehman Crisis at 0.86, let go 50+50lots over last few months.. now still holding 100lots...

 

alexchia01      ( Date: 19-Aug-2011 12:08) Posted: Genting SP is no longer a good counter to hold. It's in the down trend already. Even if it bounce up, I don't see it bounce very high. But, I'm expecting it to fall further. I'm not surprise to see it hitting $1.20 by year end. parimas8      ( Date: 19-Aug-2011 11:30) Posted: i have multiple short positions from 1.720, 1.665, 1.610.  but looking at the 'celestial' charts, it  looks set to  bounce up. thats why i have covered some this morning, albeit a bit quick on the hands (1.595). at least it covered my 1.610 shorts. i m a novice and was too worried for a sudden big-swallow by lim familee back to 1.61 &   above.  but nvm. i've just long some at 1.580. will let go at 1.595.