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U are asking for d moon huh ??. The won't moon unless world mkt collapse
noonelikeme ( Date: 23-Feb-2011 11:44) Posted:
| Genting please go down back to 0.9 again ...
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Genting please go down back to 0.9 again ...
It should reach 1.88 by day end.
keep shorting.
The FEAR is selling and the GREED is buying .... given the current market conditions, it actually help GENS hmmmmm when market move Wah Low ....
Share market is a mind game. Let's give example, if the BBS and shortists pulled back the share price down from 2.2 to 2.0 before the report was out, they may have low or even no position in this counter and waiting for another 0.2 down after the genting sp results were out. Keep selling out the shares will not put the retail buyers in better position but keep holding the shares may push the BBS and shortists to buy back to cover their contra transaction and hence, to push back the price.
In fact, the genting sp report doesn't bother us at all as their earning power is improving and so strong. Now is only the shortists playing and controlling the game.
The unknow is cleared, " FEAR" has been removed, the cancer (Genting UK) no longer exits, then " GREED" is steping in ...
If a share drops drastically on low volume,
eg falls from 1.00 to .50 on very low volume,
then although not much people did the buying and selling,
the market price has really fallen so much.
Whether people will buy at that low price or not, no one can say.
But the
hard fact is, it is those who are investors (holders)
whose money have simply
vanished into air...
freshmind ( Date: 23-Feb-2011 11:19) Posted:
| In share maret, trading volume = selling volume = buying volume, any 1 share sell out must have 1 share be bought by others. It means if share price can go down to 1.70, the retail traders are the sellers and then who will be the buyers so much interest to buy that big volumn shares? BBS? Then you got the answer! |
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That can easily happen...
Bintang ( Date: 23-Feb-2011 11:06) Posted:
Genting SP has gapped down today , it would go down to $1.70 or may go further down below $1.69 to fill a gap there .
Bintang ( Date: 22-Feb-2011 21:35) Posted:
| If Genting SP is to gap down when it opens tomorrow , it would to reach $1.70 according to gap theory . |
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In share maret, trading volume = selling volume = buying volume, any 1 share sell out must have 1 share be bought by others. It means if share price can go down to 1.70, the retail traders are the sellers and then who will be the buyers so much interest to buy that big volumn shares? BBS? Then you got the answer!
maybe ppl will buy high ? why must buy low?
Chart at this point dont really tell much ... it's the TREND...
Genting SP has gapped down today , it would go down to $1.70 or may go further down below $1.69 to fill a gap there .
Bintang ( Date: 22-Feb-2011 21:35) Posted:
| If Genting SP is to gap down when it opens tomorrow , it would to reach $1.70 according to gap theory . |
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Hahaha, we know what we laugh about, isn't it. I just be honest to say only.
You are so entertaining...
you can also make me laugh ...
freshmind ( Date: 23-Feb-2011 10:01) Posted:
| Really? Hahaha, in fact, the great opportunity just beginning, isn't it? Time to buy if you dare to. |
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I am a trader not long term investor... Every entry I will try to get the bargain price either way... Now genting do not give me my price to short or long now....
Don't you realise, everyone scream to buy the shares before the report was out and shouted to sell after the report was realised and now... they just kept quiet. Don't be fooled and busy for losing your hard earn money, calm down and ask yourself how much you confidence about Genting Singapore and casino industry in Singapore. For me, I just like any other traders, prepare to accumulate more when the price is cheap. Sincere advise to share with smail retail traders.
Don't forget about about counter... buy only when it reach you price...
Really? Hahaha, in fact, the great opportunity just beginning, isn't it? Time to buy if you dare to.
This is wrong trade for me... I need to cut since it breach my stop.. STI will drop to around 2960...
A great chance to accumulate the shares of this superstar counter... This may be the situation all BBS waiting for... Be greedy when everyone is scared, don't get fool to enter only after $2.
this is a good set of results posted by genting this quarter.
most prob will start trading going down because of selling by uncle auntie?
but reading deeper into the report, rev has increased by 6% compared to last quarter and prospects look good for next quarter too with the CNY gambling and also boost from the opening of more rides.
so accumulate if there's a drop tmr morning...my 2.14 cents worth
