Genting Sing    Last:0.59   -

GenSp starts to move up again

The price of genting sp and the mother company genting bhd are stuck there.  Don't know whether is because for BBs to unload their shares till the Q1 report been released...  than no surprise for surprise??

 

I am very nimble.Where money can be made,

I can go short as well as long, Never never

lost your pant, tat's my advise, e.g. if I short at $1.03

I will cover at $1.05 hahaha

matrixneo      ( Date: 13-May-2010 09:27) Posted: Your favourite Madagasca song..."You like to short it short it...SHORT IT!" AnthonyTan      ( Date: 13-May-2010 09:22) Posted: Wat goes up must come down.

 

This is the news talking about Genting yesterday from DJ Market Talk.

--------------------------------------------------------------------------DJ MARKET TALK:

Genting S’pore +2.6%; 1Q To Surprise On Upside-JPM 0427 GMT [Dow Jones] Genting Singapore (G13.SG) +2.6% at S$0.985 on robust volume (most active on SGX), as buyers load up in anticipation of good 1Q10 results due tomorrow. “We believe the announcement of 1Q10 results would likely surprise the market and expect robust operating performance,” says JPMorgan, which has Overweight call with S$1.20 target; forecasts EBITDA of S$95 million vs pre-tax loss of S$30.4 million year earlier on contributions from Resorts World Sentosa. Apart from Resorts World, guidance on Genting’s U.K. operations will also be closely followed as business still under pressure from higher government taxes, reduced patronage due to economic conditions. Immediate resistance at S$1.00, last breached in February. (frankie.ho@dowjones.com)  

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This share px. currently very well manipulated

at $1.02/$1.03.

 

what time they going to release the result?

 

Trust me.  Don't ever short this share.  This is the fourth time I have reminded you.

Hi Matrix, I was comtemplating, hahaha.  But I am holding too many other stocks, so can only buy big big on Genting when money from other stocks come in.  

matrixneo      ( Date: 13-May-2010 09:28) Posted: so have you sold your house and bet yr entire savings on this? hahaha dont ok Laulan      ( Date: 13-May-2010 09:24) Posted: Once it moves up the possibility is $1.13 playing to 1.20 both levels may also be resistances to be met, but if there are more good news, then you can see your favorite in the $1.30-1.50 region in the short term.  The time frame is around 15 weeks. I am looking at the bullish side of things. Hehehe.

 

You greedy when peoples are fearful. The quote sound familiar right?

AnthonyTan      ( Date: 13-May-2010 09:35) Posted: I FEAR WHEN PPLS ARE GREEDY!!!!!!

 

based on current movement, I can see some investors still having doubt regarding the 1Q report. Some expect bad news and some expect good news and the trade today seems like quite balance. Let see how's thing go after the release of the result.

 

Not sure it will go up to 1.20 or not, but very sure a lot of traders have unloaded their shares now before the world cup month.  Thanks to the Q1 report, otherwise a lot of our shares will stuck there during the recent Greece financial crisis and no more extra cash during the world cup month.  So we shouldn't be too greedy to forget the potential risks!  Just to share idea.

 

I FEAR WHEN PPLS ARE GREEDY!!!!!!

 

1Q result good?????? so wat. U can't smell any

money right now.Frens, investment of $6.5 billion.

Tat's a very big sum of money. Take many many

moon to recoup.Speculative play.

 

so have you sold your house and bet yr entire savings on this? hahaha dont ok

Laulan      ( Date: 13-May-2010 09:24) Posted: Once it moves up the possibility is $1.13 playing to 1.20 both levels may also be resistances to be met, but if there are more good news, then you can see your favorite in the $1.30-1.50 region in the short term.  The time frame is around 15 weeks. I am looking at the bullish side of things. Hehehe.

 

Your favourite Madagasca song..."You like to short it short it...SHORT IT!"

AnthonyTan      ( Date: 13-May-2010 09:22) Posted: Wat goes up must come down.

 

Once it moves up the possibility is $1.13 playing to 1.20 both levels may also be resistances to be met, but if there are more good news, then you can see your favorite in the $1.30-1.50 region in the short term.  The time frame is around 15 weeks. I am looking at the bullish side of things. Hehehe.

 

Wat goes up must come down.

 

In moment like this, can only remember the Universal studio magdagascar song :

"You got to move it move it move it...."

 

 

Remember yesterday I gobbled down all 23mil of the 1.01s? hahhahaha.....reach 1.1 i dumped all...hahahhahahahha

 chey...so fast lose steam

AnthonyTan      ( Date: 13-May-2010 09:16) Posted: U must quickly buy NOW. Sell at $1.1 later, hahaha matrixneo      ( Date: 13-May-2010 09:02) Posted: very very active start....possible end 1.1 *cross fingers*

 

dropping...bad news?

 

U must quickly buy NOW.

Sell at $1.1 later, hahaha

matrixneo      ( Date: 13-May-2010 09:02) Posted: very very active start....possible end 1.1 *cross fingers*

 

Feeling today this counter may hit to the peak at this rally and afterward, the history may repeat...