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1-7 of 7
Supported.Read all my previous postings.
To me, I am only speculating in this counter.
Definitely, in my opinion, not for mid to long
term investment at this point in time.Watch and see
how is the progress. Cheers and good luck
nickyng ( Date: 25-Feb-2010 08:50) Posted:
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It is also a must buy on weakness. Hehe thinking of the daily millions it makes at the casino. Not that I said so, but MM.
i dunno LVS is too risky..always in money problem and i think they declared bankcrupt or something or the owner did or dunno. they almost could not finished building Singapore IR because they ran into money problem.Anyway Genting only 5 lot.small time player . invested with full knowledge that it is a speculative counter. i sure am interested in visiting both casinos in the future and i believe that MS will be very nice . but its parent company just doesn't inspire trust in me.
This counter is hopeless. Better to park your $ with Las Vegas Sands (LVS). I'm waiting to enter at US$14 to 15.
yummygd ( Date: 25-Feb-2010 09:17) Posted:
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what is the reason for contiune loss..because during the time they keep expanding and expanding??thats why operational and building and stuff make the loss?? or their revenue just not enough to cover their operational side??Dun forget they have been building GS for the past three years. now finally generating income. Are they building another casino in some other country right now?or another theme park??
ok...this burger is a classical Short On Strengthen !! as the casino revenue hype has over played !! :P
Years of continous losses!!this is ridiculous !! :)
Genting Due Dates for High Volume Trades Approaches
The due dates for the high volume traded on 18th Feb and 19th Feb 2010 approaches and the real test of support will be known soon. If the buying interest is real there will not be margin calls and force selling. The median line of the red pitchfork has been checking the price movement and any upward breakout here will see resistance at the upper boundary of this pitchfork. Conversely, if force selling should happen a retest of the 90 cent doji low support is expected followed by a challenge of the lower boundary of the red pitchfork. Take note of probable supports as indicated by the blue dotted lines. Be nimble and stay alert the moment of truth cometh.
View chart at http://tactcharts.blogspot.com/2010/02/genting-due-dates-for-high-volume.html