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GenSp starts to move up again

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freshmind
    01-Jun-2010 10:45  
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The current price may not be high enough.  In consideration of the buying volume and price yesterday, that should have some room for the price to go up for BBs to get their profit.  The current drop of the price will be considered normal for some retail traders to cash out their profit.  Let's see how much further it will go up...
 
 
nickyng
    01-Jun-2010 10:37  
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i concurr ! :P

niuyear      ( Date: 01-Jun-2010 10:31) Posted:

the price cld shoot beyond $1.30 , as laulan said, we dont know high high is the high!

the only thing is :   if those want to punt up and down every day,  has to do hourly chart diligently.  Unless, one is the Main Mover of this counter and no chart is requred......lol!



iPunter      ( Date: 01-Jun-2010 10:00) Posted:

" Short or long are equally risky! "...  Smiley


 
 
niuyear
    01-Jun-2010 10:31  
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the price cld shoot beyond $1.30 , as laulan said, we dont know high high is the high!

the only thing is :   if those want to punt up and down every day,  has to do hourly chart diligently.  Unless, one is the Main Mover of this counter and no chart is requred......lol!



iPunter      ( Date: 01-Jun-2010 10:00) Posted:

" Short or long are equally risky! "...  Smiley

 

 
alooloo
    01-Jun-2010 10:06  
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Considering the following info:

11B shares, and lot of people holding at cost of 40cent or lesser.

The only reason it went to 1.3 last time is probably due to

1) over optimism (probably by gamblers. Well, you know, they don't count the odd same way as normal people. In all casino game, they feel that they have equal chance of winning, that is 50% lose and 50% win)

2) i remember that time, some one convert the debt to stock. probably some big clever invester, boost the price up temporary, to reduce the expose of dilute shares...

Disclaimer: Just my own opinion, might not be the true and only fact...
 
 
iPunter
    01-Jun-2010 10:00  
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" Short or long are equally risky! "...  Smiley
 
 
iPunter
    01-Jun-2010 09:58  
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My_Boy is so clever...

It has no Ooomph!!! now at this moment...

Maybe it needs to drink original Bovril first... Smiley
 

 
Laulan
    01-Jun-2010 09:58  
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Do not short this counter unless you are willing to lose big.  Why? You won't know how high is high for this counter.



MY_BOY      ( Date: 01-Jun-2010 09:54) Posted:

this counter is Lossing Steam and overbought.

Laulan      ( Date: 01-Jun-2010 09:48) Posted:



Last night I sold for some profit and bought this morning at 1.03.  Can keep?


 
 
MY_BOY
    01-Jun-2010 09:54  
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this counter is Lossing Steam and overbought.

Laulan      ( Date: 01-Jun-2010 09:48) Posted:



Last night I sold for some profit and bought this morning at 1.03.  Can keep?

 
 
pharoah88
    01-Jun-2010 09:53  
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shorting games return ?
 
 
Laulan
    01-Jun-2010 09:49  
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Not last night, it was yesterday.

Laulan      ( Date: 01-Jun-2010 09:48) Posted:



Last night I sold for some profit and bought this morning at 1.03.  Can keep?

 

 
alexchia01
    01-Jun-2010 09:48  
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Shorting time is over.



nickyng      ( Date: 01-Jun-2010 09:45) Posted:

ehh...do NOT attempt to SHORT this burger hor....i know..it is very tempting ! me too! :P i think highly manipulated :)

 
 
Laulan
    01-Jun-2010 09:48  
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Last night I sold for some profit and bought this morning at 1.03.  Can keep?
 
 
nickyng
    01-Jun-2010 09:45  
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ehh...do NOT attempt to SHORT this burger hor....i know..it is very tempting ! me too! :P i think highly manipulated :)
 
 
Richman
    01-Jun-2010 09:45  
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CFDs is good during volatile markets. 

Make money irrespective of bull or bear maket.

Easy money from second income.

 



AnthonyTan      ( Date: 01-Jun-2010 09:39) Posted:

CFD trading is as easy as ABC. To me, it's the normal

long or short.



Laulan      ( Date: 01-Jun-2010 09:34) Posted:

Think selling CFD is also dependent on what price you "shorted" (sold cfd) and what is the sell quote today and how liquid is the trading in CFDs. I prefer CFD on a hedging basis


 
 
Laulan
    01-Jun-2010 09:44  
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You're right.  I got in at 1.03 and am 50/50 per cent  on win or lose at this moment biding price.
 

 
iPunter
    01-Jun-2010 09:40  
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I will not make the game difficult for myself by  making things complicated...

Trading should be simple...

Just be either long or short at any one time...

And move swiftly and decisively by planning/anticipating  well beforehand,

rather than simply responding to the beast's every move and swipe of his paws... Smiley



Laulan      ( Date: 01-Jun-2010 09:34) Posted:

Think selling CFD is also dependent on what price you "shorted" (sold cfd) and what is the sell quote today and how liquid is the trading in CFDs. I prefer CFD on a hedging basis.

AnthonyTan      ( Date: 01-Jun-2010 09:27) Posted:

Why not. CFD a/


 
 
AnthonyTan
    01-Jun-2010 09:39  
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CFD trading is as easy as ABC. To me, it's the normal

long or short.



Laulan      ( Date: 01-Jun-2010 09:34) Posted:

Think selling CFD is also dependent on what price you "shorted" (sold cfd) and what is the sell quote today and how liquid is the trading in CFDs. I prefer CFD on a hedging basis.

AnthonyTan      ( Date: 01-Jun-2010 09:27) Posted:

Why not. CFD a/


 
 
niuyear
    01-Jun-2010 09:37  
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There are more than 50% are day traders here in this Forum.   They will probably laugh at our 'bullish' comments because they trade and punt everday up and down.   

I have stopped posting stuff  relating to this stock's performance and whether this will hit '5 of the kind'  or  'Big bonus'  or Huge win  (learn from the slot machines !  LOL!!)  , dont need to share here.

 

 

Slot Machine -

Which slot machine is the most entertaining?  

            



Laulan      ( Date: 31-May-2010 16:29) Posted:

Nobody can predict for sure abt a share.  Sometime back someone joked that I better didn't sell my house to bet on Genting, seeing I am so optimistic about this share when it was ard 93 cents.  If  I did i would be very rich.  Of course I am blaming him, because I could not take this kind of gamble.  So this is self explanatory.  Hahaha.

 
 
AnthonyTan
    01-Jun-2010 09:34  
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Correction: 26,000,000 plus shares traded

AnthonyTan      ( Date: 01-Jun-2010 09:32) Posted:

Notice the different??????

13,000,000 plus shares traded in 30 mins. oni



AnthonyTan      ( Date: 31-May-2010 09:32) Posted:



30 mins of trade, the vol is 79,600,000 shares. Wat's

going on?????? Caveat emptor


 
 
Laulan
    01-Jun-2010 09:34  
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Think selling CFD is also dependent on what price you "shorted" (sold cfd) and what is the sell quote today and how liquid is the trading in CFDs. I prefer CFD on a hedging basis.

AnthonyTan      ( Date: 01-Jun-2010 09:27) Posted:

Why not. CFD a/c

Laulan      ( Date: 01-Jun-2010 09:25) Posted:

How to short and carry position overnight? Not possible and not peaceful to the mind.  Provided you have stocks, sell yesterday and buy today like what I did.


 
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