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Genting Sing    Last:0.715    +0.005

GenSp starts to move up again

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Flyordie
    15-Aug-2012 22:50  
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Tapek (salute)

liverbuffet      ( Date: 15-Aug-2012 20:45) Posted:



My personal opinion is buy only if you have money to hold, pls look at chart and the answer is simple, it takes 3 to 6 months to go up from 80cts to 2.20 so as take 3-6mths to fall from 2.32 to lowest at the moment 1.22 so if i were you all, buy now and down side 1.10 but upside 1.60 but please do not expect it to happen in T+3days but 1-3mths at least provide market do not move down and STI can remains 3k and above in these months. If not do not anticipate the Big Boys move as they will not be easy to anticipate or we will not be posting in this forum guessing all the time. Anyway when they  announce  Genting get licence what was the price then and after getting it how much it went up and the answer is there :) . Do not expect big dividend nor better revenue or profit from genting in coming mths. So buy within your means and keep your expectation be resonable.

 

PS: To those who said i went in at 1.23 and sold at 1.33 and etc, pls show us the proof. If not i also can say i bought at 1.22 and sold at 1.335 today which i did not too right. :)))

 
 
liverbuffet
    15-Aug-2012 20:45  
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My personal opinion is buy only if you have money to hold, pls look at chart and the answer is simple, it takes 3 to 6 months to go up from 80cts to 2.20 so as take 3-6mths to fall from 2.32 to lowest at the moment 1.22 so if i were you all, buy now and down side 1.10 but upside 1.60 but please do not expect it to happen in T+3days but 1-3mths at least provide market do not move down and STI can remains 3k and above in these months. If not do not anticipate the Big Boys move as they will not be easy to anticipate or we will not be posting in this forum guessing all the time. Anyway when they  announce  Genting get licence what was the price then and after getting it how much it went up and the answer is there :) . Do not expect big dividend nor better revenue or profit from genting in coming mths. So buy within your means and keep your expectation be resonable.

 

PS: To those who said i went in at 1.23 and sold at 1.33 and etc, pls show us the proof. If not i also can say i bought at 1.22 and sold at 1.335 today which i did not too right. :)))
 
 
A1Investor
    15-Aug-2012 17:37  
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My target at 1.550

Cut at 1.200

:-)

oldflyingfox      ( Date: 15-Aug-2012 16:37) Posted:

brought @1.32 today and my target price is 1.48, cut lost if fall to 1.25.

 

 
dragonhart
    15-Aug-2012 17:34  
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hi,

the million dollar question is at the low (1.225 and 1.235)  there was huge vol...selling...and who is buying??? people panic and selll...sell to who?? who is collecting? some big fish.....

logically, if fundamentals is really bad, there will be nobody collecting...and the stock would keep falling...coz no support....which is what happened from 1.70 - 1.30....keep selling and falling....

now keeping selling but price found support liao....i have mentioned that around 1.20 is the critical support....think about it...fishy hor....

http://millionaire-investors.blogspot.sg/

cheers,

jason.

iPunter      ( Date: 15-Aug-2012 09:57) Posted:



Looking at this counter's chart for the past weeks,

    one can see that the big downspurts are on very high volume,

        whereas the up moves are on low volume...

              Techies may like to have a look at the chart...  Smiley  



 
 
iPunter
    15-Aug-2012 17:26  
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You can be sure all the big boys are also scutinizing the chart with great interest...   Smiley

oldflyingfox      ( Date: 15-Aug-2012 17:17) Posted:

The last low was 1.245 and if closed lower than that, then double bottom is not longer true. In fact, the correct cut lost point should be close below 1.245 but it may be too painful to me... >

 
 
oldflyingfox
    15-Aug-2012 17:17  
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The last low was 1.245 and if closed lower than that, then double bottom is not longer true. In fact, the correct cut lost point should be close below 1.245 but it may be too painful to me... >
 

 
iPunter
    15-Aug-2012 16:53  
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I like your cut-loss point... my cut-loss points are usually very tight... too tight... lol...  Smiley

oldflyingfox      ( Date: 15-Aug-2012 16:37) Posted:

brought @1.32 today and my target price is 1.48, cut lost if fall to 1.25.

 
 
oldflyingfox
    15-Aug-2012 16:37  
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brought @1.32 today and my target price is 1.48, cut lost if fall to 1.25.
 
 
wesely2k
    15-Aug-2012 16:34  
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Genting - Bo si leh !
 
 
TradeChancellor
    15-Aug-2012 16:27  
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It looks like a support is forming at the $1.28 level and its getting stronger...
 

 
sengsk
    15-Aug-2012 16:21  
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My personal view that if today close price stand above 1.30

Should be safe loading . I am aiming for it too .

iPunter      ( Date: 15-Aug-2012 16:09) Posted:

So you see, the stocks market is more exciting than the tables at Sentosa... lol...  Smiley

oldflyingfox      ( Date: 15-Aug-2012 16:05) Posted:



Look like it formed a W recovery, double bottom, very positive. I'm thinking of going in.

 


 
 
iPunter
    15-Aug-2012 16:09  
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So you see, the stocks market is more exciting than the tables at Sentosa... lol...  Smiley

oldflyingfox      ( Date: 15-Aug-2012 16:05) Posted:



Look like it formed a W recovery, double bottom, very positive. I'm thinking of going in.

 

 
 
oldflyingfox
    15-Aug-2012 16:05  
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Look like it formed a W recovery, double bottom, very positive. I'm thinking of going in.

 
 
 
tiancai007
    15-Aug-2012 16:03  
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Coming down. Maybe close at 1.30. Good luck!

cashiertan      ( Date: 15-Aug-2012 14:36) Posted:

enter some lots at 1.33. doing my part to help the shortists push the price higher. tight stop loss for this counter

 
 
iPunter
    15-Aug-2012 15:41  
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But usually when a stock rises,  few  will be thinking of selling...

      Most will be thinking of 'letting the profits run', (as they have been taught)'...

            And many will be thinking of buying (or buying more and more)... lol... Smiley


cashiertan      ( Date: 15-Aug-2012 14:38) Posted:

if i am you i will sell half at ur price and let the rest run with s/l at break even price. . 

loserloser      ( Date: 15-Aug-2012 14:24) Posted:

I bought in at 1.275 sell off at 1.305 hit n run. 


 

 
sienhuat
    15-Aug-2012 15:36  
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the storm is over? start moving up again after everybody accumulate at the 'lowest'??
 
 
cashiertan
    15-Aug-2012 14:38  
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if i am you i will sell half at ur price and let the rest run with s/l at break even price. . 

loserloser      ( Date: 15-Aug-2012 14:24) Posted:

I bought in at 1.275 sell off at 1.305 hit n run. 

 
 
cashiertan
    15-Aug-2012 14:36  
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enter some lots at 1.33. doing my part to help the shortists push the price higher. tight stop loss for this counter
 
 
sharez
    15-Aug-2012 14:35  
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what happened to Genting SP?
 
 
cashiertan
    15-Aug-2012 14:24  
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genting making its move as i type..
 
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