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Genting Sing    Last:0.735    -0.01

GenSp starts to move up again

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AnthonyTan
    26-Jan-2010 17:31  
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yellow gold, read this:- this is a very good posting.

boyikao3      ( Date: 26-Jan-2010 16:46) Posted:

I would advice to sell into strength when it rebounds most probably next week, like what I said last week. Today Genting registers a super long blank candle with higher distribution volume. That means institutional selling is continuing and will gain momentum. All wave counts have completed and now left only wavecounts towards the downside. Genting should correct to at least 61.8 fibonnacci at 75.1 cents and this is the bare mimunum only ! Smiley



Hulumas      ( Date: 26-Jan-2010 16:35) Posted:

What shall we do then


 
 
yellow_gold
    26-Jan-2010 17:21  
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no leh, had my play of genting over the last few months ...

with such corrections, there will be better counters to buy ..



AnthonyTan      ( Date: 26-Jan-2010 17:17) Posted:

Anyway, did you follow the big funds to buy also.

I did not.I am still waiting,

Not vested in this counter at the moment.

Be patience.



yellow_gold      ( Date: 26-Jan-2010 17:00) Posted:

big funds are also buying ..


 
 
AnthonyTan
    26-Jan-2010 17:17  
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Anyway, did you follow the big funds to buy also.

I did not.I am still waiting,

Not vested in this counter at the moment.

Be patience.



yellow_gold      ( Date: 26-Jan-2010 17:00) Posted:

big funds are also buying ..

 

 
des_khor
    26-Jan-2010 17:15  
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The pennies heaven is welcome him home...
 
 
tanweechong
    26-Jan-2010 17:12  
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maybe tomorrow drop to 90cents or low liao.....
 
 
des_khor
    26-Jan-2010 17:10  
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Time to throw it away as now from gem to stone liao...
 

 
skbeng
    26-Jan-2010 17:06  
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Maybe they buying because they shorted it earlier?


yellow_gold      ( Date: 26-Jan-2010 17:00) Posted:

big funds are also buying ..

 
 
loyfam88
    26-Jan-2010 17:01  
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Wow this forum on genting is really educational. We've seen the ugly side of mankind today.

If things go well, everyone keeps quiet. If things go the other way round, people start to throw stone/ rocks. Anyway.... I thought the market is always right?

I suppose it depends on individual's personal comfort on when they want to exit. I am still vested at this moment.

 

 
 
 
yellow_gold
    26-Jan-2010 17:00  
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big funds are also buying ..
 
 
nickyng
    26-Jan-2010 16:56  
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well...Casino mkt -> SGX is collapsing ...so is this small fry -> Genting !! SHORT AHH ! :)
 

 
AnthonyTan
    26-Jan-2010 16:54  
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Look at the huge vol. Big funds are selling

Uncles & aunties are also selling.
 
 
boyikao3
    26-Jan-2010 16:54  
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Haha! So they say, the Banker always wins ! 5 strong distribution days within 2 weeks is a tell tale sign that the institutions are already running away from the party quietly...

skbeng      ( Date: 26-Jan-2010 16:50) Posted:

I sold my remaining 10lots at 1.14 just now (brought at average $0.60)

Better not hold a falling knife, advise people to sell cause genting management something wrong, they are always active in stocks trading, either got rights Issue or conversion of bonds etc. too many tricks they using to squeeze $$$ from shareholders.

Going to use the profit see got other better company to invest.

 
 
risktaker
    26-Jan-2010 16:52  
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Throw a Stop Sign at 1.10 :)
 
 
skbeng
    26-Jan-2010 16:50  
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I sold my remaining 10lots at 1.14 just now (brought at average $0.60)

Better not hold a falling knife, advise people to sell cause genting management something wrong, they are always active in stocks trading, either got rights Issue or conversion of bonds etc. too many tricks they using to squeeze $$$ from shareholders.

Going to use the profit see got other better company to invest.
 
 
boyikao3
    26-Jan-2010 16:46  
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I would advice to sell into strength when it rebounds most probably next week, like what I said last week. Today Genting registers a super long blank candle with higher distribution volume. That means institutional selling is continuing and will gain momentum. All wave counts have completed and now left only wavecounts towards the downside. Genting should correct to at least 61.8 fibonnacci at 75.1 cents and this is the bare mimunum only ! Smiley



Hulumas      ( Date: 26-Jan-2010 16:35) Posted:

What shall we do then?

boyikao3      ( Date: 26-Jan-2010 16:25) Posted:

Yah lor. All his followers who believed in him now also drown in the Bull Frogs pond! Cannot croak anymore...Smiley

Huh? Wat Ah Liang Fund or Ah Gao fund huh? Catch no ball...Smiley



 

 
AnthonyTan
    26-Jan-2010 16:42  
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My recent posting in this column, telling investors

to trade with care. The co. is losing $$$$$$$$$$$

MFT blowing hot and cold for their own benefits.

Good info will never let you know.They themself will

go in first to make $$$$$$$$$$$

Cheers and good luck.

 

 

 

 

the co.
 
 
swisssaints
    26-Jan-2010 16:42  
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I think the stock mkt is going to crash. China and US team up combo sia -.-
 
 
alvios
    26-Jan-2010 16:38  
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me also went in too early this morning at $1.19. Thought can catch the rebound. haiz... :(

Now genting portfolio also in red. seems had to hold on for quite some time if the selling doesnt stop.

Next buy in will be ard $1.05 - $1.09. aunties / uncles lets hold the stock... haha...
 
 
Hulumas
    26-Jan-2010 16:35  
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What shall we do then?

boyikao3      ( Date: 26-Jan-2010 16:25) Posted:

Yah lor. All his followers who believed in him now also drown in the Bull Frogs pond! Cannot croak anymore...Smiley

Huh? Wat Ah Liang Fund or Ah Gao fund huh? Catch no ball...Smiley



AnthonyTan      ( Date: 26-Jan-2010 15:51) Posted:



One forumer stated funds and whatnot to support this counter.

What happen now????????????????

How low can it go.

................is falling down.

hahaha


 
 
boyikao3
    26-Jan-2010 16:25  
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Yah lor. All his followers who believed in him now also drown in the Bull Frogs pond! Cannot croak anymore...Smiley

Huh? Wat Ah Liang Fund or Ah Gao fund huh? Catch no ball...Smiley



AnthonyTan      ( Date: 26-Jan-2010 15:51) Posted:



One forumer stated funds and whatnot to support this counter.

What happen now????????????????

How low can it go.

................is falling down.

hahaha

 
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