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el7888 ( Date: 21-Aug-2009 16:51) Posted:
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some FI thinks that Genting is over-price. :) Who recently release news that Genting is overly-priced ? :) You can see your counter shares where they came from. if you right click on counter shares and who recently supported Genting ? In a Market theres always Buyer and Sellers. If buyer overcome the sellers the short shoot up its the nature law of stocks.
cathylmg ( Date: 21-Aug-2009 22:21) Posted:
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Indicator from the chart showing uptrend for Genting. TP is 0.935-0.945 for the short term rally.
SOBAYOR,
rgds, star-trader
Can i ask another qn?
Lesson time:
"The BB that is holding on the shorters is super rich too" --> "Shorters" refers to?
Tks seniors *muacks* alrite, learnt smth today! Everyday learning something new. Cool
Okie okie, will stick ard and listen to ur sharing & discussion cos i can't contribute anything. I jus got 4 lots. Hopefully they do well.
Got to look ard see any other to buy... a bit lost in the forum... but surely i will pick up someday. LOL
BB = Big Boys = Big Players = Fund manager/director (play on behalf of their clients)
Mega Rich client usually deposit a huge amount of money "multi-millions" into their account and the fund manager will carry out as instructed which shares to fry, sometimes people wont specific which shares to buy some as long as its good return however some will.
Thats why these people dont have to pay brokerage fees so 1 lotting is nothing to them as they themselves are the brokerage firms.
The BB that is holding on the shorters is super rich too :) thats why is a good war between them. Its looking bit desperate on the seller side with 10000 lots. Once this defence is broken the share you might see Genting surge unless the shorters have additional credit line. No one will have unlimited Credit Line. No matter who u are it still applys.
keepnosecrets ( Date: 21-Aug-2009 16:38) Posted:
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isavon08 ( Date: 21-Aug-2009 16:41) Posted:
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on the technical analysis side..
genting is forming a bullish ascending triangle..
price to break is 92c.. watch for it in the coming days/weeks..
There is a BB recently shorted tons of genting. another BB caught him, and wont let go..... Once BB covered the Shorts might be next week.
Genting $1 might be within reach but i dont think think $1 will hold for long.
They wont be able to hold this amount of shorts for long.
isavon08 ( Date: 21-Aug-2009 16:19) Posted:
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wow... the comments are really getting into me & i am lost. Really got a lot for me to learn.
Erm.. can i ask what is BB?
Risktaker, what u mean by "If you Sell genting, Short Genting = Shorters side" ??
Be confident and support the good guys. From what i "see" the 0.90+ is here to stay. Buyer = Good guys.
Risktaker,
good guys = buyers?
risktaker ( Date: 21-Aug-2009 16:06) Posted:
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not potential is confirmed :) There is a war between groups of BB. Who will win ? The Shorters or the buyer ? You decide :)
If you Hold genting, Buy genting = Buyer side
If you Sell genting, Short Genting = Shorters side
I am on the good guys side :)
keepnosecrets ( Date: 21-Aug-2009 15:46) Posted:
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Hello all seniors,
Tks for the guide. Alrite, shld be patience. I also think their shares will go high high.. esp when the resorts are open in future. Hope i am right.. :)
This counter everybody have big or small. When mkt good, can go sky high. When mkt no good, can go underground.
But this is better than many other counters...most potential to make big money!