
Not wrong at all. After all, the share market itself is the biggest casino in this world, no one have 100% confidence what will happen next, just reasonable risk management with the information we can gather from different resources. Some is betting that gsp will hold out with what they know, and some bet that it will fall and go ahead and try to short it.
iPunter ( Date: 18-Aug-2011 08:35) Posted:
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As I mentioned earlier, the bigger investors will be taking this opportunity to buy in and wait while watching it raise. I wont know if this news will really be able to make gsp fly, considering the current global market, however, it definately show signs that internally, they had their confidence with this share.
pharoah88 ( Date: 18-Aug-2011 13:01) Posted:
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Warren Buffett :   “Last Monday, we spent more   money in the stock market buying   than any day this year” |
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Warren Buffett :   “Last Monday, we spent more   money in the stock market buying   than any day this year” |
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Change in GENT's indirect shareholdings in Genting Singapore Plc (" GENS" ) as a result of the acquisition by Genting Overseas Holdings Limited, a wholly-owned subsidiary of GENT, of a total of 1,900,000 ordinary shares in GENS from the open market for a total consideration of SGD3,443,984.73.  [S$1.813]
 
Acquisition by Genting Overseas Holdings Limited, a wholly-owned subsidiary of Genting Berhad, of a total of 1,900,000 ordinary shares in Genting Singapore Plc from the open market. Kien Huat Realty Sdn Berhad is deemed interested in the Genting Singapore Plc shares held by Genting Overseas Holdings Limited.
pharoah88 ( Date: 18-Aug-2011 13:01) Posted:
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Genting Berhad bought in 1,900,000 ordinary shares in GenSp from the open market.Can see this stock start to fly soon |
It breaks $1.625 twice, if I am not wrong.
Any further comment on this stock to share.
forgot2bme ( Date: 17-Aug-2011 13:50) Posted:
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You are right...But any moment in the market continuum is an
                opportunity for betting...  All people are betting...

stoheart72 ( Date: 17-Aug-2011 15:04) Posted:
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JUNWEI9756 ( Date: 17-Aug-2011 14:48) Posted:
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Completely agree ! 
However,  this is not 'permanent damage' and the next two quarters reports expected to be better than the recent one.  We human got a very short memory and after a while people may start buying his stock again.
 
jackphang ( Date: 17-Aug-2011 13:06) Posted:
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stoheart72 ( Date: 17-Aug-2011 14:21) Posted:
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Sometime cannot take noises for granted especially
this stock. This stock create alot of excitment (volatile)
plus noises.
forgot2bme ( Date: 17-Aug-2011 13:50) Posted:
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jackphang ( Date: 17-Aug-2011 13:06) Posted:
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Genting SP is a hot stock... everyone must be aware of the downtrend as it posted an reduce of net profit for last quarter. I doubt it can quickly return to a positive trend in near future... however it has the monopoly status in game sector in Singapore and KL..
 
http://www.jackphanginvestment.com
May I know why short now?  Be careful and good luck !
 
Sell all my Genting SP liao.
Waiting to go short for this bugger.