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Midas

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risktaker
    19-Aug-2009 11:06  
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Shorters watch out :) - I wished you have the $ to pay for your margin interest. Dont ever caught naked shorting, the price is dear.
 
 
bennykusman
    19-Aug-2009 10:07  
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wah... big players... share me pls..hehe

risktaker      ( Date: 19-Aug-2009 10:02) Posted:



Hint: My friend is collecting like so happily.... my 450 lots is peanut compare to him..... many times of mine lol.

 
 
risktaker
    19-Aug-2009 10:02  
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Hint: My friend is collecting like so happily.... my 450 lots is peanut compare to him..... many times of mine lol.
 

 
richtan
    19-Aug-2009 09:37  
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Posted: 18-Aug-2009 10:27       Contact richtan          *  Quote this Post!
x 0
x 0


* Alert Admin


Take a look at SAR cup and handle, Midas chart (see below) also shows such formation, in the nascent stage



richtan      ( Date: 15-Aug-2009 00:15) Posted:



Hi Bintang,

U are most welcomed, I too learnt a lot from your postings.

No problem, take your time, no urgency.

Are u refering to the cup tat I mentioned, if it is I post below the cup pattern for your info, correct me if u think I m wrong.

 
 
richtan
    19-Aug-2009 09:35  
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Ooops, typo error, should be:

"As per my earlier post, also there is no guarantee tat it will (not - deleted) drop too" ......



richtan      ( Date: 19-Aug-2009 09:32) Posted:

Benny,

As per my earlier post, also there is no guarantee tat it will not drop too, it may not drop or it may rise as there are myriads of other factors to take into considerations too, eg mkt sentiments, news, announcements, etc.



bennykusman      ( Date: 19-Aug-2009 09:28) Posted:

so price wont drop much is it ? ok2.. noted.. thanks... vested more today.


 
 
richtan
    19-Aug-2009 09:32  
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Benny,

As per my earlier post, also there is no guarantee tat it will not drop too, it may not drop or it may rise as there are myriads of other factors to take into considerations too, eg mkt sentiments, news, announcements, etc.



bennykusman      ( Date: 19-Aug-2009 09:28) Posted:

so price wont drop much is it ? ok2.. noted.. thanks... vested more today..

ronleech      ( Date: 19-Aug-2009 07:59) Posted:

I dont think 0.25 cts div was significant to a $0.85 counter. the percentage was simply too low to take into consideration. Why would ppl vest for its div when the amount is less then even a click jump? Unless you say they are issuing 2-3 cents then you might see some sell off after XD, 0.25cts? Dont worry lah...


 

 
bennykusman
    19-Aug-2009 09:28  
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so price wont drop much is it ? ok2.. noted.. thanks... vested more today..

ronleech      ( Date: 19-Aug-2009 07:59) Posted:

I dont think 0.25 cts div was significant to a $0.85 counter. the percentage was simply too low to take into consideration. Why would ppl vest for its div when the amount is less then even a click jump? Unless you say they are issuing 2-3 cents then you might see some sell off after XD, 0.25cts? Dont worry lah...

 
 
richtan
    19-Aug-2009 09:18  
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I fully agree with u.

ronleech      ( Date: 19-Aug-2009 07:59) Posted:

I dont think 0.25 cts div was significant to a $0.85 counter. the percentage was simply too low to take into consideration. Why would ppl vest for its div when the amount is less then even a click jump? Unless you say they are issuing 2-3 cents then you might see some sell off after XD, 0.25cts? Dont worry lah...

 
 
ronleech
    19-Aug-2009 07:59  
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I dont think 0.25 cts div was significant to a $0.85 counter. the percentage was simply too low to take into consideration. Why would ppl vest for its div when the amount is less then even a click jump? Unless you say they are issuing 2-3 cents then you might see some sell off after XD, 0.25cts? Dont worry lah...
 
 
richtan
    19-Aug-2009 00:57  
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Hi equator2010,

Many thanks for your appreciation, it is my passion and I enjoys sharing my knowledge n hope to exchange pointers with all and learn from each other to better arm oursleves and survive and prosper in this treacherous, merciless killing fields, always mindful to myself to be open-minded n receptive to others views to make myself a better person.  



equator2010      ( Date: 19-Aug-2009 00:36) Posted:

richtan, I, like many others in the forum, appreciate your detailed analyses and constructive comments.


dcang84      ( Date: 18-Aug-2009 21:07) Posted:

Just as I thot. Only hot air.Smiley


 

 
richtan
    19-Aug-2009 00:49  
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Not necessary, it is not casted in stone, there are myriads of other factors to take into considerations too, eg mkt sentiments, news, announcements, etc.

Assuming all these factors does not come into play, then after ex-div, the price generally will correct slightly to discount the run-up in price after div announcement, but since the div announcement, there wasn't any run-up in price, cororect me if I m wrong.



bennykusman      ( Date: 19-Aug-2009 00:40) Posted:

hi richtan,

 

but usually after CD ends (which is this week if not mistaken), the price will fall right ? 



risktaker      ( Date: 19-Aug-2009 00:06) Posted:

Very high chances it will bounce off with high opening and up all the way.  Please do not sell it off as it will climb higher. Reason why i am thinking of selling off Genting and hammer this share is. Midas is a proven successfully business and with lots of potential and growth in it.

On the other hand Genting did not. Casino is all over the world and with economic crisis around some casino is not even making money. There is certain risks involved in this business. Of course we all know that gambling business is almost a 100% winning machine provided they are able to pull crowd. For Pre-opening yes people will go, question is can they substain it "$200 per entry is not going to draw alot of locals" But do they think they can draw international gamblers to SG? On paper everything will sound good and fantastic.  

So it will be a short term investment from November Pre-Opening to first 3-6 months of operation.  if everything goes according to my calculation Genting will reached its peak around Nov to Feb. Then slowly retreat and will rally again if its report is good.

Anyway Midas midas can you wait for me ? dont cheong so fast lol :)



 
 
bennykusman
    19-Aug-2009 00:40  
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hi richtan,

 

but usually after CD ends (which is this week if not mistaken), the price will fall right ? 



risktaker      ( Date: 19-Aug-2009 00:06) Posted:

Very high chances it will bounce off with high opening and up all the way.  Please do not sell it off as it will climb higher. Reason why i am thinking of selling off Genting and hammer this share is. Midas is a proven successfully business and with lots of potential and growth in it.

On the other hand Genting did not. Casino is all over the world and with economic crisis around some casino is not even making money. There is certain risks involved in this business. Of course we all know that gambling business is almost a 100% winning machine provided they are able to pull crowd. For Pre-opening yes people will go, question is can they substain it "$200 per entry is not going to draw alot of locals" But do they think they can draw international gamblers to SG? On paper everything will sound good and fantastic.  

So it will be a short term investment from November Pre-Opening to first 3-6 months of operation.  if everything goes according to my calculation Genting will reached its peak around Nov to Feb. Then slowly retreat and will rally again if its report is good.

Anyway Midas midas can you wait for me ? dont cheong so fast lol :)



bennykusman      ( Date: 18-Aug-2009 23:49) Posted:

any chance it will drop first 


 
 
equator2010
    19-Aug-2009 00:36  
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richtan, I, like many others in the forum, appreciate your detailed analyses and constructive comments.


dcang84      ( Date: 18-Aug-2009 21:07) Posted:

Just as I thot. Only hot air.Smiley

risktaker      ( Date: 18-Aug-2009 09:31) Posted:

Short leh 0.82 lol i want to cover my short @ that value leh



 
 
richtan
    19-Aug-2009 00:32  
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Hahaha.... I stick out my head to vouch for you, I really hope n do believe u are not tat banned guy, my nemesis tat I m glad had disappeared into thin air.

Hope my trust in u is not misplaced.



risktaker      ( Date: 19-Aug-2009 00:08) Posted:

i am pretty confused . . . what do you mean i am new to this ? yes i am new to this forum..... when did i get banned?



pikachu      ( Date: 19-Aug-2009 00:03) Posted:

Well... up to you to believe me or not.

But I'm pretty convinced he is the banned person due to the same pattern of posting and wording of sentences. That kind of habit is very difficult to change.



 
 
equator2010
    19-Aug-2009 00:31  
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Hi SporeGuy, I'm interested in your analysis.  Like me, do you think there could be a possibility of MIDAS going down, TA-wise?

Sporeguy      ( Date: 18-Aug-2009 15:32) Posted:

Thought of buying 10 lots, but after studying that MA55 is getting closer to MA21 from the bottom, it looks like MA55 will cut MA21 from the bottom in about a month's time, so wait and see.

 

 
richtan
    19-Aug-2009 00:27  
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Ooops, typo error, should be:

I very much believe and convinced he/she is "not" tat banned person ......



richtan      ( Date: 19-Aug-2009 00:25) Posted:

Hi pikachu,

I very much believe and convinced he/she is tat banned person as tat person very much like to post simply a few words without facts or substances, make unjustified wild calls, exhorting buy/sell calls, making "GOD-like" statements, thus why I ever ticked him/her off, fearing he/she will misled newbies, triggering a series of unpleasant incidences, resulting in his/her being "banned" n disappeared from this forum, giving some sense of serenity n peace here



pikachu      ( Date: 19-Aug-2009 00:03) Posted:

Well... up to you to believe me or not.

But I'm pretty convinced he is the banned person due to the same pattern of posting and wording of sentences. That kind of habit is very difficult to change.



 
 
richtan
    19-Aug-2009 00:25  
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Hi pikachu,

I very much believe and convinced he/she is tat banned person as tat person very much like to post simply a few words without facts or substances, make unjustified wild calls, exhorting buy/sell calls, making "GOD-like" statements, thus why I ever ticked him/her off, fearing he/she will misled newbies, triggering a series of unpleasant incidences, resulting in his/her being "banned" n disappeared from this forum, giving some sense of serenity n peace here



pikachu      ( Date: 19-Aug-2009 00:03) Posted:

Well... up to you to believe me or not.

But I'm pretty convinced he is the banned person due to the same pattern of posting and wording of sentences. That kind of habit is very difficult to change.



richtan      ( Date: 18-Aug-2009 14:20) Posted:

Hi pikachu,

My gut feel is risktaker is not tat banned person as so far from my observation, risktaker does add value to this forum with substances n share his/her FA n TA with logical reasoning (imo) but still dyodd n BOSAYOR after reading anybody's analysis or write-ups.



 
 
pikachu
    19-Aug-2009 00:10  
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Smiley

Haha.. good one.



risktaker      ( Date: 19-Aug-2009 00:08) Posted:

i am pretty confused . . . what do you mean i am new to this ? yes i am new to this forum..... when did i get banned?



pikachu      ( Date: 19-Aug-2009 00:03) Posted:

Well... up to you to believe me or not.

But I'm pretty convinced he is the banned person due to the same pattern of posting and wording of sentences. That kind of habit is very difficult to change.



 
 
risktaker
    19-Aug-2009 00:08  
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i am pretty confused . . . what do you mean i am new to this ? yes i am new to this forum..... when did i get banned?



pikachu      ( Date: 19-Aug-2009 00:03) Posted:

Well... up to you to believe me or not.

But I'm pretty convinced he is the banned person due to the same pattern of posting and wording of sentences. That kind of habit is very difficult to change.



richtan      ( Date: 18-Aug-2009 14:20) Posted:

Hi pikachu,

My gut feel is risktaker is not tat banned person as so far from my observation, risktaker does add value to this forum with substances n share his/her FA n TA with logical reasoning (imo) but still dyodd n BOSAYOR after reading anybody's analysis or write-ups.



 
 
risktaker
    19-Aug-2009 00:06  
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Very high chances it will bounce off with high opening and up all the way.  Please do not sell it off as it will climb higher. Reason why i am thinking of selling off Genting and hammer this share is. Midas is a proven successfully business and with lots of potential and growth in it.

On the other hand Genting did not. Casino is all over the world and with economic crisis around some casino is not even making money. There is certain risks involved in this business. Of course we all know that gambling business is almost a 100% winning machine provided they are able to pull crowd. For Pre-opening yes people will go, question is can they substain it "$200 per entry is not going to draw alot of locals" But do they think they can draw international gamblers to SG? On paper everything will sound good and fantastic.  

So it will be a short term investment from November Pre-Opening to first 3-6 months of operation.  if everything goes according to my calculation Genting will reached its peak around Nov to Feb. Then slowly retreat and will rally again if its report is good.

Anyway Midas midas can you wait for me ? dont cheong so fast lol :)



bennykusman      ( Date: 18-Aug-2009 23:49) Posted:

any chance it will drop first ?

risktaker      ( Date: 18-Aug-2009 23:44) Posted:

so maybe in the morning i shall sell off my genting and hammer 500 lots into midas ?


 
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