Genting HK USD   

Is it time to enter now?

Dear Readers,



It is simply bearish mood, bearish talk for this counter.

 

Hi Elfin..,

Me too not vested either in both Gen't and SC (Neutral here) just stay or say with care, yahh.. from certain clearness, yea that right thk, thk. stag w/still quite okkk..if px move up a little, but but if px slip..just don like to say more, no good for everybody, esp retailers and small player. Uaually i will said trade with care. i have been also posting such post somtime back...when news is selling like hot cake. once again thk Q:)

 

hm. i'm not vested in this so perhaps it affords a certain clearness. just two points of concern for me:

if brokerage house does not reveal its rating, that is a warning sign already.

you also need to factor in the decreasing US dollar.



plus. with recent IPOs, funds would move into that at least for now. it's like, confirmed profit. why stick with something likely to be stagnant for a while?

teeth53, their problems will not be settled so soon with the s'pore govt. think i posted this on genting thread quite a while back alr....pls be careful yea.

 

Dear Samyen,



I am afraid, they are too high price to be true!

 

Agreed.....on this...focus on other good share..look at Jiutian, Gallant....compare this to 1.5 mths ago.....

 

While BBs is still maintaining a call for Gen't (SC big bro) to cheongg... much more then a $1/- and some even calling for investive long term purchase. Been a little too strong hard headed won't do.



Realities set in on short term, esp hard earn $$$ (lossing investive opportunities to invest on other good stocks).

A lot is listed in SGX list,

EG- Synear 54c-now $2/- ++,

Epure 65c-now $1.60c ++,

CRCT $1.13c-now $2.80 ++ and now

CitySpring $0.89-now $1.2/$1.5 ++)

and so on....continue with a few more ipo listing coming.......

 

A big thk Qs. Was wait..for this reported, like that ahh..., "JIA LAT", look very bad lehh... untill all this S.ho and Gent't plus Sg settle all this saga...liao. so C,C, l@@k,l@@k 1st. SC open 435c, closed 41 US cts. look like typing err, me oso often like U. Pai Sei yahh.

 

Star Cruises ......



DJ MARKET TALK: OCBC Expects Star Cruises To Reverse Downtrend


0045 GMT [Dow Jones] STOCK CALL: OCBC expects Star Cruises (S21.SG) to reverse its current trend, head towards its resistance at US$0.55 before it weakens again. Says "declining volume, coupled with the stochastic indicator turning up, signals a rebound ahead." Sets support zone at US$0.385-0.425, with first resistance at US$0.55, subsequent resistance set at US$0.64. Brokerage doesn't have rating on stock. Shares closed down 3.3% at US$0.435 yesterday. (JEM)

 

Prob..~5 Us cts drop!!!, woww alot lehh.., ). Closed at 41cts it mean US$0.38cts can't do, then wait some more lohh.. tikam tikam at US 0.35cts/0.36cts liao. will oso prob...wait for this px lohh.

 

Prob..~5 Us cts drop!!!, woww alot lehh.., ). Closed at 41cts it mean US$0.38cts can't do, then wait some more lohh.. tikam tikam at US 0.35cts/0.36cts liao. will oso prob...wait for this px lohh.

 

Fully agree with U. News that is mentioned in ST paper, rite.

There is to much money floated, esp foreign fund out there who buy in w/o tinking or worry to much and who have alot of $$$ deep pocket to hold, yahh. Guess is 2c to 2.5c US cent down on Feb 12, (Mon). Just recalling Friday drop by 0.025c to US$0.41c, vol 26.628m. Mkt this day not so good as it edge closer to CNY, but but IPO V.hot

 

..drop likely to continue. TA accurate for now 'cos of its high volumes. My guess is a 1-2c drop per day, prob ~5c drop by end of next week... monday likely to see dumping on back of news today.

 

SC px still so unsettle isit..if so, waiting is so much better or better still wait some more, support will be coming...,but but where, which end, lower end isit!!!. US$0.38c is a sure way to buy,back to where it start, punt and hold for deep pocket oni, then wait for px to reverse, me will tikam tikam if px is stable at or about this px. tink hard ^_^

 

lausk22, you are right.

We are just small flies, will only wish to enter at discounted price and exit when the returns "sounds mind".

 

This whole week, this cruise ship was on a Titanic or Poseidon Adventure.... kept sinking. Only people who work in rich salvage companies believe in refloating this sinking vessel for hidden gems:) 

 

Dear Radi9red,



That would be no problem at all, I am ready with 44x stages for Money cost averaging of every 1 US cent drop. each with 50 lots buying of this lovely and ever expanding Star-Cruises!!!

 

Hulumus , your dreams might come true at 0.39 or even 0.38 within 3-4 days next week.  Particularly , its the stock bloody red week..(Pre New year dump).   Get ready your cash..

 

Dear Wait4opp,

Congratulations to you, please short again on Monday, as such I can buy at lower price again.

 

A waiting is so much better for px to settle down, patience is V..... Look like even bottom fish don work, may not be the rite time. SC px closed at US$0.41, down 0.025c on a vol of 26.6m shares. Just a gen'tle reminder and sharing my tot.

teeth53	Posted: 08-Feb-2007 17:56
	Has gone below my expected px of US$0.45c liao it closed at US$0.435, down 0.015 US cts on healthy vol 25,079m, look like there is some on bottom fishing, better still wait some more, jus my tot.

 

Dear Wait4opp,



Thank you for shorting to let me have chance buying 50 lots at USD. 0.42. Next target buying will be USD. 0.39 another 50 lots.