
Beware ! Support getting weaker and weaker. Will drop below 0.70.
Profit taking going on
Upside momemtum getting weaker. More and more are queueing to exit this counter. sigh...
fisherman100kk ( Date: 01-Jun-2009 20:49) Posted:
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TuaPekGong very pu (rich). A few thousand lots call small player.
pilotfish ( Date: 01-Jun-2009 16:00) Posted:
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The lim's family cashing some out @70+s... Those ppl inclusive of BBs brought higher than their selling price ...Knock the wall...<kana sabo>.
In the other hand, those who are brought within these ranges.. should be a very good entry pts ... I guess. 6 "S"...
Upside momemtum is rather weak now. BBs also stuck. Noted a lot of players queue to exit the counter.
Well 80 cnts end of this week not that easy esp with a weak upwards momemtum... unless bbs ...
smilingchuan ( Date: 01-Jun-2009 16:10) Posted:
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big or small time player is relative. :)
we are seeing those forced selling now. that is why genting cannot cheong. once all the high 80s and 70s shares are all out, you will see real engine power in this stock to $0.80 at the end of this week. :0
cheers.
Wow few thousand lots call small time player !!!
TuaPekGong9413 ( Date: 01-Jun-2009 11:03) Posted:
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that's what u want. but market does not react to what u want or feel. thought there are forced selling, many are to still buying up at the forced price. if price its not attractive, why will they buy in? for every forced sales, there must be a willing buyer. forced sales are created by contra players who got no $ to buy but wana bet a few day's grace to make $. Shortist also take chances but look at last friday last min transaction...30 over million at .73 forced to buy in...looking at the week ahead, price should be moving upwards but do not expect a sudden surge like the recent rally. we nvr know whats the real reason behind the last rally to 90cents. so long as one has the holding power, it's just a matter of time for it to reach .80 and .90
Looks like force sell is stronger than buy back. Today most probably will close at 0.70. Tomorrow will drop below 0.70.
this counter definitely good for long...me also small time player. only long a few thousand lots.
forced selling started. flushing out last week contra players
Today Short against Long who will win.
Hey all the people out there. Genting was up till $0.90 then down all the way to $0.70 after the Lim family sold their shares. It is the best lobang in the stock market now. BB will push this stock up to at least $0.80. Jia you! congrats to those who are long on this stock. me small time player. only long a few hundred lots.
Cheers!
TP: $0.90
Inching up slowly.......
so novicetrader, since u got faith in this counter, i believe u r vested too..
For a casino stock to be at this price, be it fundamentals or sentiments, I believe it is still worth a shot. Only regret is that I did not go in when it was at a low of 30+ cents.
Good for long term play.
Stay long people stay long... it will be pushed up to $0.80 level again very soon.
remember what happened in 2 days.
huge potential in this stock
guez a lot of force selling down taking place.....stock havent recover yet....just that contra players snapping up lots hoping it will go up next week
GenSp starts to recover....buyers are moving in with big lots...