ShareJunction - Stock Forum Messages

Genting Sing Last:0.73

-0.005

GenSp starts to move up again

yes...they may learn the lessons from RWS, but the current system imposed is still not perfect....and we will not know what further policies will be either put in place or taken out....moreover both are operating differently in some ways and rules applied at RWS may not be applicable to MBS....there are still alot of external factors and ???? that will affect the opening, esp when they do not know what to impose and to implement something every now and then to hinder the opening dates...rules, rules and more rules....they may like us...sitting on the sideline...reading the negative reports and make sure the same thing dun happen to them...who knows? :)

WeiQiQi ( Date: 19-Feb-2010 10:46) Posted:

according to LKY in ST today, the house earned 3.5m on the 1st Day of operation and 3.7m on the second day! So, it's up to u to interpret how this reflects its potential. Agree that competition will be fierce once Marina Sands opens its door. (they must be hurrying everyone to try to open as early as possible seeing RWS's roaring biz.)

At $0.90, i find its still expensive somemore no dividend also.

10:45:50	0.920	378,000	Sell Down
10:45:49	0.920	1,000	Sell Down
10:45:46	0.925	2,532,000	Sell Down
10:45:44	0.925	1,000	Sell Down
10:45:43	0.925	82,000	Sell Down
10:45:42	0.925	500,000	Sell Down
10:45:39	0.925	4,000	Sell Down
10:45:38	0.925	144,000	Sell Down

according to LKY in ST today, the house earned 3.5m on the 1st Day of operation and 3.7m on the second day! So, it's up to u to interpret how this reflects its potential. Agree that competition will be fierce once Marina Sands opens its door. (they must be hurrying everyone to try to open as early as possible seeing RWS's roaring biz.)

If you study this counter carefully, you will notice that a lot of investors

balloted during the IPO. They accumulated when the px is around 40 cts.

1st selling - over $1 Around 60 - 66 cts, another round or accumalation.

2nd selling - $1.20-$1.30 range.

Read 1 forumer's uncle bought a new merc.

moneycow ( Date: 19-Feb-2010 10:28) Posted:

Those selling down in big bulk must be those bought when it was 61cents..........or even when it was 38 cents. so they still make a big buffer profits. those came in later whom bought above $1.15. Sad. Heart feltt pain pain. Paper lost. Holding and scepticle if to sell and swallow the big lost. Or wait and hope things get better. Quite in between. But those whom bought at super low price of below 40cents still can afford to sell lower and still make a handsome sum.

Thats the thing. Only if this big holders at low price stop selling further down. It will stabalised and move upwards.

Or it could only see one way that is - down and down further.

Genting SP has gone down all the way from $1.18 which had completed a technical rebounce to 90 cents today . If to have a technical rebounce again , it may only go up to 96 cents n touching the 200MA . The downside target is still at 87.5 cents .

Bintang ( Date: 27-Jan-2010 21:58) Posted:

Only to buy Genting SP when it goes down to fill the gap at 87.5 cents .

yokoosi ( Date: 27-Jan-2010 17:10) Posted:

time for me to come in and play..have been sitting on the side line for too long. HUAT AH !!

ya boy, I see NYSE every night, see until my eyes go blurry, price and volumn movement is damn fast. It's so much more liquid than SGX.

AnthonyTan ( Date: 19-Feb-2010 10:27) Posted:

Genting SP px. movement just now reminded me of

the U.S. market. Before you make a purchase or sell

the px. change oreli.

Difficult as S'pore is a very small market. NYSE is so much more interesting and liquid.

Hulumas ( Date: 19-Feb-2010 10:18) Posted:

Should be >20 counters like Genting SP trading frequency than I consider SGX is successful!!!

AnthonyTan ( Date: 19-Feb-2010 09:40) Posted:

Many traders love this kind of share movement.

Either way you can buy or sell. Make a fast

dicision and quickly get out.

woot...BB is buying up....at 0.93....Davids are playing against the Goliaths now..ehehheh

Those selling down in big bulk must be those bought when it was 61cents..........or even when it was 38 cents. so they still make a big buffer profits. those came in later whom bought above $1.15. Sad. Heart feltt pain pain. Paper lost. Holding and scepticle if to sell and swallow the big lost. Or wait and hope things get better. Quite in between. But those whom bought at super low price of below 40cents still can afford to sell lower and still make a handsome sum.

Thats the thing. Only if this big holders at low price stop selling further down. It will stabalised and move upwards.

Or it could only see one way that is - down and down further.

Genting SP px. movement just now reminded me of

the U.S. market. Before you make a purchase or sell

the px. change oreli.

Our market has no way to compare with the U.S. markets.

Hulumas ( Date: 19-Feb-2010 10:18) Posted:

Should be >20 counters like Genting SP trading frequency than I consider SGX is successful!!!

AnthonyTan ( Date: 19-Feb-2010 09:40) Posted:

Many traders love this kind of share movement.

Either way you can buy or sell. Make a fast

dicision and quickly get out.

I mean all attention on Genting SP and other counters so quiet....not much movement in my other holdings leh...

AnthonyTan ( Date: 19-Feb-2010 09:34) Posted:

Why? it's very interesting and full of excitment.

You can either buy or sell.

Cheers and good luck.

ianong ( Date: 19-Feb-2010 09:31) Posted:

So boring...

wah....early morning 200mil volume..covering 75% of STI's volume...steady la! now seems like the prawn army prawn generals fighting...playing tug of war..ehehhe

Should be >20 counters like Genting SP trading frequency than I consider SGX is successful!!!

AnthonyTan ( Date: 19-Feb-2010 09:40) Posted:

Many traders love this kind of share movement.

Either way you can buy or sell. Make a fast

dicision and quickly get out.

10:04:03	0.920	4,531,000	Sell Down
10:04:02	0.920	83,000	Sell Down
10:04:02	0.920	500,000	Sell Down
10:04:01	0.920	487,000	Sell Down
10:04:00	0.920	218,000	Sell Down
10:04:00	0.920	143,000	Sell Down
10:03:59	0.920	370,000	Sell Down
10:03:59	0.920	1,024,000	Sell Down
10:03:58	0.920	2,476,000	Sell Down

aya SGX query oni wat !?!? as long as no halt trading! the game is still on !! :P

hmm..i thot they would hv some shirt-circuit mechanism to halt trading if price plunge?!?! hee... :D

I

LOVE

SGX aka online-CASINO !! :)

adobepie ( Date: 19-Feb-2010 09:54) Posted:

be careful...if counter becomes too hot, may only invite SGX to query...

no wonder most counter ang ang....got the link to Fed announce...thx

vostro69 ( Date: 19-Feb-2010 09:46) Posted:

The market players may be pushing it up to 0.95 again then short.

Fed only announced the discount rate hike by 25 bps after the market closed. So the DOW futures is now very red.

09:57:56

0.930

3,165,000

Sell Down

Shortists in action now.

Login Register

GenSp starts to move up again