Genting Sing    Last:0.735    +0.005

GenSp starts to move up again

Brother, AK guesses u r new here. There were 245 replies under d same post since 29 May 09.

Uses your post, at top right hand corner, click Last, ie post 245, d first post created in May. Digest all relevant posts, u are there liao. Same with other titles or topics u wish to recap.

Cheers.

AnthonyTan      ( Date: 24-Jun-2009 09:49) Posted: Can anyone explain why the share shoot up to 90cts plus during the last week of May?????????? Afterwhich it drop day by day to present price. Trade with care. Cheers

 

Can anyone explain why the share shoot up to 90cts plus

during the last week of May?????????? Afterwhich it drop day

by day to present price. Trade with care. Cheers

 

BB is hired indirectly by the Lims. to pump thier share price up. Also not everytime BB will win ... they stuck too lol.

 

 

So iPunter is a BB? 

iPunter      ( Date: 24-Jun-2009 05:49) Posted: Trader88 is right on... The stock market is everybody's stock market...

 

Trader88 is right on...

The stock market is everybody's stock market...

 

"The Singapore BBs are always playing this kind of game" and "reflect poor image of our stock market environment"?

But that is how BBs operate in different stock markets all over the world. BBs will not tarnish the image of stock market. They are important in creating much liquidity too.             

keepnosecrets      ( Date: 23-Jun-2009 15:55) Posted: Push up then sell.  Push down then buy. The "Singapore" BBs are always playing this kind of game.  It reflects poor image of our stock market environment.  The stinking though the stinging is quite bad for most investors who are always watching for volatility.  Sometimes can fall for its trap.  Careful, but who cares about them playing this way.  If you are long term on this counter, don't watch it move, just keep the shares and try to forget that you have them.  I think one fine day you can see it givingyou good returns.

 

Yup, I agree with you, Sir...

I know people who hold shares forever, especially after they have dropped from their highs...

They invest forever... hehehe...  

 

Partially agreed with u. Emm if we buy the share at record low, than it worthwhile to hold long.

But my long will be around 5 to 6 years only. Remember recession come in cycle, so don't hold too long.

 

(Just my view iPunter)

iPunter      ( Date: 23-Jun-2009 18:49) Posted: Holding shares for the long term is a foolish (nothing personal) thing to do. Only last year, the market was going from strength to strength and the weather was then sunny fine... Then a few months later, many woke up and see their shares' value half-price or only a third!!! It will take unknown years for them to crawl back to those highs, that is if they ever do!!!    "The Genie Tutorials"

 

Can I interprete that BBs are:

1) fund managers

2) Institutional players

3) brokerage house bosses and staff

4) someone rich and work in a group

 

keepnosecrets      ( Date: 23-Jun-2009 15:55) Posted: Push up then sell.  Push down then buy. The "Singapore" BBs are always playing this kind of game.  It reflects poor image of our stock market environment.  The stinking though the stinging is quite bad for most investors who are always watching for volatility.  Sometimes can fall for its trap.  Careful, but who cares about them playing this way.  If you are long term on this counter, don't watch it move, just keep the shares and try to forget that you have them.  I think one fine day you can see it givingyou good returns.

 

Very sorry, IT SHOULD BE THE LAST WEEK OF MAY 09.

All my posts should read as the last week of May 09.

 

The last week of June 09. It is a very clear cut of manipulation.

WHO???They are laughing their way to the banks.

Afterwhich you can't smell the smoke.

Trade with care. Cheers.

 

That's why I sometimes view our SGX with great suspicion.

TuaPekGong9413      ( Date: 23-Jun-2009 16:05) Posted: even if it did kana enquiry from SGX, they will always hv the same ans. their will say they dun knw why...no special event going on...bla bla bla...SGX will just ask cos it's the duty, they will juz ans as per norm...

 

even if it did kana enquiry from SGX, they will always hv the same ans. their will say they dun knw why...no special event going on...bla bla bla...SGX will just ask cos it's the duty, they will juz ans as per norm...

 

Just need to be careful, there are many sharks swimming in the water.

 

Push up then sell.  Push down then buy. The "Singapore" BBs are always playing this kind of game.  It reflects poor image of our stock market environment.  The stinking though the stinging is quite bad for most investors who are always watching for volatility.  Sometimes can fall for its trap.  Careful, but who cares about them playing this way.  If you are long term on this counter, don't watch it move, just keep the shares and try to forget that you have them.  I think one fine day you can see it givingyou good returns.

 

When the shares were pushed up to 90 cts and above,

(last wk of June) just wondering why no query from SGX.

After that, it started droping.

Many ppl get burnt.

 

 

Last wk of June the BB pushed the shares to 90cts and above

and started selling heavily. Those get caught, trade in CFD will have

to take cover this wk. Not vested

 

 

This burger did not start 2 move up again but drop bit by bit everyday.

Any possibility of droping to 60 cts by this wk. Not vested Cheers.

 

you better watch out,,,you better watch out,,,,,,,,,,,,,,,,,,,,auti gear

 

I believe the bills/laws are already inplace.  I think you are referring to the first exclusion order to be issued in July, as reported in the press.

Yes, I think once the first exclusion orders are issued on gambling, the next step would probably be issuing of the gambling licences for the two IRs, because you have to put the horse before the cart and not the other way round.  

I thought that the gambling licences would be issued soon as the casino needs to start with soft opening launches and need some lead time to operate smoothly.