
Yep, up graded to whatever px they can like to name, so players can buy more by buying up. BBs certainly taking full opportunities to take profit even well below $2/-, there by buying in at even cheaper px, as well as even away even at $2.50 (better still) but not at this px (Investment Target Price now $2.53 to $2.90). It just a target set by them.
teeth53 - Just sharing my thot.
How bad ?. - Not that bad, just bad, so BBs players coming Monday morning another round, but not down by another -15cents, 1st round surprise is over liao. Work of vested BBs themself
For illustration oni. Force gapping players to buy up - starting at lower px on opening.
Last Friday. 12-Nov-2010 09:49 (They did it, this morning at $2.10ct)
08:59:02 | 2.100 | 16,125,000 | A |
08:59:01 | 2.100 | 3,145,000 | A |
Forced players buy up during the day, there after take profit
Covering back...to cover back...buying up
2.110 | 136 | 13,090,000 | 4,403,000 | 0 | 8,687,000 |
2.120 | 307 | 23,567,000 | 6,750,000 | 0 | 16,817,000 |
2.130 | 191 | 7,597,000 | 567,000 | 0 | 7,030,000 |
2.140 | 354 | 22,358,000 | 5,540,000 | 0 | 16,818,000 |
2.150 | 300 | 28,759,000 | 11,528,000 | 0 | 17,231,000 |
2.160 | 324 | 13,113,000 | 2,198,000 | 0 | 10,915,000 |
2.170 | 171 | 6,669,000 | 881,000 | 0 | 5,788,000 |
teeth53 - Just sharing my thot with whoever wish to do punting and day trading oni
Come (Monday oni). Immediate support for Genting SP, edging close to $2/-, turn support.
Dont Loose Sight
This stock does not belong to $2.00 and Lower.
Investment Target Price now $2.53 to $2.90, Income within EXPECTATION $310million 3Q
1Q 2011 Junket Operator License obtained, Target Price $3.50
End 2011, Marine Life park open with another hotel Target Price $5.00
THIS IS A CASINO, performance expect to surpass LAS VEGAS
How bad the gents EQ3 ? Mon continues force selling, Drag down STI again.........
228 - 213 = 15 cents.
On Friday, Genting SP re-tests the resistance at $2.15 and closed at $2.13 with HIGH volume of 0.403 billion shares traded.
A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow). This usually implies a continuation of a bearish trend.
Both RSI & MACD are bearish as MACD lines perform a “cross down”
Important Resistance of Genting SP: $2.15
Immediate Support of Genting SP: $1.86
Currently prices are supported by the 50 days MA.
On 12/Nov, Genting gap down due to poor earning report and undergo heavy selling profit.
We would not suggest buying now since we would like to monitor if prices can go above $2.15 resistance with high volume in the coming week to confirm the confidence of investors in this company.
SEE ANALYSIS FOR GOLDEN AGRI
If prices do not go above $2.15 then we would prefer to get at $1.86 support if possible
Yes I totally agree with you. That's why I said The BIG FISH ...sell high , buy low..or vice versa.
In any way, they can still make profit. They NEVER STOP TRADING...
Perhaps they ain't fund mgr...but they're definitely LOADED.
10-Nov-2010 14:36 |
Genting SP / GenSp starts to move up again ![]() |
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let's put it this way ...
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pharoah88 ( Date: 13-Nov-2010 14:10) Posted:
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Sept11 ( Date: 13-Nov-2010 15:36) Posted:
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firewood ( Date: 13-Nov-2010 15:31) Posted:
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Hi Sept11,
I cant read chinese v well. Does that means china is not going to increase tax?
不过,昨天晚间,中国财政部有关人士接受新浪财经采访时表示,印花税不会上调。
Monday morning when market opens is the best time to buy Gen S...
My Reasons :
The big naked short reported in ST today
US big ipo offerings which will boost market next week
US futures will be green, green in PM
But China ??
有市场传 言称证券交易印花税将于近日上调,加上对加息的担忧,导致昨日的中国股市期市双双大跌。另外,在欧元区债务危机重燃的背景下,区域股市普遍走弱,也对中国 A股形成拖累。昨日沪深300指数期货大挫,远期合约跌幅巨大,显示投资者预期较为悲观。
If China never hike the transactions stamp duty & interset rate, market likely to rebound strongly on Monday.....
GENTING SP
stIll as gOOd as It is desIgned tO be
SINGAPORE's mOst prOfItable
and mOst ImpOrtant
CASH prIntIng System
whIch Is stIll grOwIng IncreasIngly
nOthIng has changed
Its fUtUre Is as brIght as
It Is Intended tO be:
fOreseeable
plannable
predIctable
presentable
fUll stOp
CheongCK ( Date: 12-Nov-2010 22:57) Posted:
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BACK tO BASIC
Every trader knows that it is necessary to STOP LOSS
SAME twO IssUes remaIn:
TRADING + STOP LOSS
nO an Issue fOr nOn-trader
fUnd managers NEVER cut their funds' holdings significantly UNless the company is in an Increasing LOSS position
iApple ( Date: 13-Nov-2010 08:09) Posted:
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GENTING SP is always on TOP 20 VOLUME CHART.
Why was it so difficult to cover the shorts ?
Why nOt even covered during the 5:05pm session ?
Ucrano ( Date: 13-Nov-2010 10:39) Posted:
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Genting SP shr plummet on Q3 results. It's mkt value falls $1.8b as massive sell-off knocks 6.6% off share price http://business.asiaone.com/Business/News/Story/A1Story20101112-247006.html
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Shanghai's Composite index ended down 5.16%, or 162.31 points, at 2,985.44. Shanghai's biggest fall in 14 months, "Investors are in a rush to lock in profits as they are concerned that the central bank may launch more tightening measures over the weekend," Chinese banking and property stocks proved particularly vulnerable, with Industrial and Commercial Bank of China ending down 1.9% and China Merchants Bank down 5.2%.
Today (Sat) Straits Times news, news bring to your screen yesterday (Friday).
'Hot money'. Err...US$600B in printing US dollars or every mth - US$75 billion. China to curb foreign investment in property - New rules for firms and individuals come as govt steps up efforts to limit flow of 'hot money'
What next ??. - The big 2nd Q to 3rd Q drop in Genting SP profits makes all wondering if this 2nd Q results were a fluke, then again all will have to wait for 4th Q resluts to be get more visibility.
S$10/- Genting SP is S$122 billion worth after GIC (Posted: 02-Oct-2010 17:36)
Just a word on cautious, stay alert on changing trend...To each it own, as there are alot calling and noise call for "BUY ON DIP", market is always right, buy on weakness and sell into strength as according to d script, use chart, use Technical Analysis (tools for punters Err...). Some think is coming soon, impending crash..!. Some said - time to go long again..! Some on S.O.S.
on Nov 12,2010 (Friday) players been burnt.
To each it own - Have profit, remember always leave some for others.
Is one man joy, is another man meat (sorrow).
English to Chinese translation 此人的喜悦,是另一个人肉。
teeth53 ( Date: 12-Nov-2010 19:36) Posted:
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Genting 3Q results were leaked. Awkward truth will be revealed on Monday as naked short selling on Wed 10/11 have to cover their positions on coming Monday by buying in.
The chart is still the chart
If you really adore/admire this blogger...
read his last few sentences..."have to see world news, genting reports as well as investor sentiments and how genting's chart develops"
As I stated in my previous posts...(from 11th Nov night before all the bank rantings)
Favourable reasons 4Q10-1Q11
1) +ve increase in Net Cash Flow,
2) Non Current (long term) liabilities reduce
3) festival seasons (public holidays)
Additional favourable reasons:
1) US market down, China market down....I read the HK and china newspaper...seems that the trade war btw two countries won't stop any soon
==> voliation in market ==>chance to Genting.
why? if you are the fund mgr...u're sure where to put ur money...
Put that in Genting lor...coz gambling industry is one industry that never fail... ppl gamble all the time...
2) analysing the movement & trade of 12/11...BIG FISH r still in the POOL..
Just don't know which direction they SWIM...
Leinadgnow ( Date: 13-Nov-2010 03:28) Posted:
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