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personally i dun believe the director one.....
trader9988 ( Date: 28-Feb-2010 09:10) Posted:
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director, ceo,the boss ah lim
WLBO_BB ( Date: 27-Feb-2010 21:43) Posted:
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The chart shows much bearishness...
It would not be surprising if it gaps down on opening tomorrow.
But there's hope if it rises above .91.
0.87.5 cent. It is only half a cent from 0.88cent, while Gent closed at 89.5ct which is only 2cent different, how soon ?. by coming Monday closing, another down by -2ct.
Just my 2ct thot. I can be wrong as well.
The downside target at 87.5 cents could be reached very soon .
Bintang ( Date: 19-Feb-2010 20:48) Posted:
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Genting Share is speculative. Someone "BIG" seems to be playing behing it.
Auntie / Uncle outside n us even join force may not make it go UP fast or drop fast.
I got this feel, maybe after drop somemore, it may start to move UP again. N i doubt it will hit the 50 cent range, unless a BIG economy downturn arrived again.
FA in actual is important. A wise trader will look at it importantly. A stock that fall, but has good FA will climb back. A bad FA stock if fall, it may not climb back loh.
TA is just a guide. It is useful in helping us.....emm maybe reduce lost loh. Or get into a stock at good price. Other than that, its jus a good guide. Remeber in recession, even how good a stock TA is, the stock will still slide down loh.
Cheerio pal, jus share my view.
iPunter ( Date: 27-Feb-2010 12:41) Posted:
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which leader u refering to??
trader9988 ( Date: 27-Feb-2010 16:14) Posted:
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Since that day I dumped @1.03 (loss 2c), I am still not in.
On hindsight, I should have "double sold".
Then I can go to Sentosa more...
drop in price with increasing volume past 3 sessions.....look like selling to persist on mon ....immediate support ard 86cts,,,,,,,,,,my 2 cts view
might gonna short sell this counter on monday...
follow the leader.....buy only when price is rt
Many may have forgotten Boss Ah Lim Sold his at 0.75cent back then, then again he offer to public vested one at 0.80ct, then the conversion rate at 0.95cent, so think, think.
Boss Lim will likely to buy back only if it can go lower then, the lower the better - right.
bearish adx(14day) ard 32 and look poise to rise further.... immediate support around 86 cts...if cant hold then 75 cts nxt support...my 2 cts view only
Ya, it dnt look like a normal correction, now already past 50% drop..if FA, more worst..
Big-time 'speculators' use always charts to trade.
The don't just hantam, or pay any attention to so-called "FA'.
Genting is a speculative stock, may not drop til what TA forecast.
TA just a guide. But this guide is not very much useful on Genting.....that how i see
renzokun ( Date: 27-Feb-2010 11:02) Posted:
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The idea of IRs were conceived before the great sub-prime meltdown of 2007,
when there was pure and ecstactic optimism of the world economic outlook.
That was when no one has even an inkling of the google-sized meltdown to come.
The world reality now is different... it's running on the bailouts, not economic forces...
and with many high-rollers being "pok!" after the meltdown,
and with so many casinos mushrooming all over the place, can one still be optimistic?
Even the usual 'cyclical' recovery (re economics textbooks) is getting unreliable by the day.
This goes to show that when it come to the stock market, optimism (opinion) is the worst trait to have.
One must be really neutral and be only guided purely by market action itself...
But one needs to act fast on detecting early signs and symptoms as revealed by the charts.
wah..got so jai lat meh :<
Probably 60 cents is a more probable entry point.
http://mystocksinvesting.com/singapore-stocks/genting-singapore/genting-how-low-can-genting-go/
lookcc ( Date: 27-Feb-2010 00:02) Posted:
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