Genting Sing    Last:0.59   -

GenSp starts to move up again

You are right.  I always think I hardly buy at lowest price and sell at highest price to make the maximum profit, but when think twice, this is how we can live long in the share market.

For the current share market, may be buy some share and keep some cash will be the better strategy to face the daily challenge.

iPunter      ( Date: 28-May-2010 10:26) Posted: Buying at the lowest point and selling at the highest point is the eternal quest of all stock players... But the best player is one who always "leave some for the next man!"....

 

I think MAYBE 1.06 or 1.07 will be more safer

rolandchiau      ( Date: 31-May-2010 10:10) Posted: Will buy only if they've hit 1.05.

 

Will buy only if they've hit 1.05.

 

 

we like Genting, and have been buying this counter with every dip...."buy on dip" and good luck :)

NB: The nail is specifically for this counter shortists....not market as a whole :)

victorf Veteran	28-May-2010 09:05      About victorf      Contact       Quote!
x 0 x 0 Alert Admin	recommend buy on dip for genting (gaming)...we like genting and have been buying this counter....final nail will be put into the shortists by next week....good luck :)

 

It has been increasing for awhile. Breaking resistance at 1.04. Hope it can cheong after that!!!

 

Very "cham"...

I lost 7 times in a row!  :( 

Not going to punt any more..

 

The shortists have not learned their lessons.  They thought Genting is easy meat that they can short high and buy low.  I think they will still continue with their shorts above $1.04.  This is the 7th time I said, "don't short".  But of course it is up to you, since it is your money. LOL.

 

Very interesting.

All looking at same charts, but taking different actions..... life is fun.

AnthonyTan      ( Date: 31-May-2010 09:37) Posted: Shorted $1.04, cut loss $1.06 lah, haha DnApeh      ( Date: 31-May-2010 09:35) Posted: Ok, bought liao. $1 cut loss.

 

All gambling aunties and ah pek rush in to this counter?

It is getting more interesting now...

AnthonyTan      ( Date: 31-May-2010 09:37) Posted: Shorted $1.04, cut loss $1.06 lah, haha DnApeh      ( Date: 31-May-2010 09:35) Posted: Ok, bought liao. $1 cut loss.

 

Shorted $1.04, cut loss $1.06 lah, haha

DnApeh      ( Date: 31-May-2010 09:35) Posted: Ok, bought liao. $1 cut loss. DnApeh      ( Date: 27-May-2010 15:51) Posted: 1.04 break then i buy.

 

I am out...

Lost 3c + commission... :(

 

Ok, bought liao.

$1 cut loss.

DnApeh      ( Date: 27-May-2010 15:51) Posted: 1.04 break then i buy.

 

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

going on?????? Caveat emptor

 

This is definitely not the time for a bull mkt but

d burger appear to have support. I think there r

many stocks better than this.

 

Genting perform another strong rally on Friday as its closes right at the high of $1.02 with high volume of 0.22 billion shares traded.

A long white bullish candle stick with no upper shadow revealed that this counter was on its way to a very strong rally. Investors buying genting stocks for 2 consecutive days at high volume was the evidence which shown the optimistic of its future direction.

MACD indicators did a “golden cross” with RSI going past above 60 on Friday proves the strength of this rally.

Important Resistance of Genting: $1.04

Immediate Support of Genting: $0.965

Now everyone will be looking whether Genting can break through the technical resistance/200 days MA/61.8% Fibonacci resistance at $1.04 which they failed 2 weeks ago.

Traders may choose to buy Genting when they breakout of $1.04 at high volume.

SEE CHARTS & ANALYSIS FOR NOL & GOLDEN AGRI

Just my 2 cents on genting but do trade with care for this counter since it is controlled by BB!!

HUAT AH!!! haha


 




 

 

Notice the previous trend. Just when the BBs are pushing up the price with all the "good news"to attract all the volatile players, then they sell down and make a huge profit, while we small time investors burnt like hell.. 

this time though its as attractive as the previous times, but i would advise to invest at your own risk. Now the risk is even higher when the price is hovering around 90 something cents. 

My advise is trade with care especially with the crisis going on and its price kept rising.

 

CHEERS!

 

Genting: Encouraging tourist arrival numbers

Genting Singapore (GS) – which recently posted a much stronger-than-expected set of 1Q10 results – should continue to do well, buoyed by the strong influx of tourists into Singapore. According to the Singapore Tourism Board (STB), tourist arrivals jumped 20.4% YoY (+1.1% QoQ) to 938k foreigners – it is also the fifth straight month in which record monthly visitor arrivals were logged. Equally important is the strong jump in tourists from neighbouring Asian countries like Thailand (+57.5%), Malaysia (+50.8%) and India (+30.8%) while Indonesians remain Singapore’s top market with 163k arrivals, up 8%; we believe that these countries are important catchment areas for GS, especially those within a five-hour plane ride from Singapore. Based on the encouraging tourism numbers and the recent 1Q10 results, we remain upbeat about RWS’ prospects this year, and maintain our BUY rating and S$1.29 fair value.

 

Buying at the lowest point and selling at the highest point

is the eternal quest of all stock players...

But the best player is one who always "leave some for the next man!"....

 

Me!

(Just joking, of course)...

 

whO had been buying since S$0.84 ?