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Genting Sing    Last:0.725    -0.005

GenSp starts to move up again

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bishan22
    01-Oct-2010 09:36  
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BullishTempo
    01-Oct-2010 09:34  
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Selling still very strong, hang on first

niuyear      ( Date: 01-Oct-2010 09:29) Posted:

SAme wave line...I entered 1.86. 



BullishTempo      ( Date: 01-Oct-2010 09:08) Posted:

lol going long yesterday was the right decision  Smiley


 
 
niuyear
    01-Oct-2010 09:29  
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SAme wave line...I entered 1.86. 



BullishTempo      ( Date: 01-Oct-2010 09:08) Posted:

lol going long yesterday was the right decision  Smiley

 

 
BullishTempo
    01-Oct-2010 09:25  
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Genting Singapore target lifted to $2.38 by OCBC

Tags: Genting Singapore | Genting Singapore Plc

WRITTEN BY THE EDGE   
FRIDAY, 01 OCTOBER 2010 09:12
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OCBC Investment Research ups Genting Singapore’s (G13.SG) target price to $2.38 from $1.85 after raising forecast for size of Singapore’s gaming market for 2011 to $7 billion vs $6 billion. Keeps Buy call, says Dow Jones.

Expects “pretty upbeat” results for 3Q10 on firm Singapore tourist-arrivals, which likely to head even higher in 4Q10 due to year-end seasonal effect.

Says recent 15% pullback in share price from $2.18 peak set in mid-September is healthy as run-up after 2Q10 results “was probably a bit too fast, too furious.”

Shares +1.1% at $1.88.

 
 
cannotfind
    01-Oct-2010 09:14  
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open at 1.88 and now back to 1.88... surely it will go down today
 
 
niuyear
    01-Oct-2010 09:12  
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Got people  short with  hand shaking,   got ppl short with confidence. 

Which group do you belong to?

hahaha!

 
 

 
BullishTempo
    01-Oct-2010 09:11  
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going long is the opposite of selling short

cannotfind      ( Date: 01-Oct-2010 09:10) Posted:

going long?

BullishTempo      ( Date: 01-Oct-2010 09:08) Posted:

lol going long yesterday was the right decision  Smiley


 
 
cannotfind
    01-Oct-2010 09:10  
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going long?

BullishTempo      ( Date: 01-Oct-2010 09:08) Posted:

lol going long yesterday was the right decision  Smiley

 
 
BullishTempo
    01-Oct-2010 09:08  
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lol going long yesterday was the right decision  Smiley
 
 
epliew
    01-Oct-2010 08:55  
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my advice is wait and see, things in the environment can affect the situation.

uptrend there is three peaks, two peaks has passed....... now downtrend..... could persist for a while before another peak, but bare in mind no expert will know when it will peak.  could be today could be three months or longer.

eg. if election comes next month, surely all stocks will rally !

 



crystal1818      ( Date: 30-Sep-2010 23:04) Posted:

Good for you. :) I don't have any more bullets to buy...

cannotfind      ( Date: 30-Sep-2010 17:20) Posted:

well... I am booking 20lots at 1.8.


 

 
crystal1818
    30-Sep-2010 23:04  
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Good for you. :) I don't have any more bullets to buy...

cannotfind      ( Date: 30-Sep-2010 17:20) Posted:

well... I am booking 20lots at 1.8.

crystal1818      ( Date: 30-Sep-2010 17:18) Posted:



Huh, tomorrow will drop again? :(

Hmm, should I take my few cents profit or continue to wait till it rise again?


 
 
LEEKARLEONG
    30-Sep-2010 22:40  
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Relax folks and enjoy this song:

<object width="480" height="385"><param name="movie" value="http://www.youtube.com/v/Kqjn8jFJ3pI?fs=1&amp;hl=en_US"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/Kqjn8jFJ3pI?fs=1&amp;hl=en_US" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="480" height="385"></embed></object>
 
 
cannotfind
    30-Sep-2010 22:25  
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placed booking at 1.8
 
 
iknownothing
    30-Sep-2010 21:29  
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forum investor or trader, becareful yea dont carry people's baby.

hope no ppl bot at last week price.

Cheers!
 
 
teeth53
    30-Sep-2010 21:21  
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Ya...Agree, Casino is place where one can dine and wine, Smiley 30 borrowing too much for drinking / gambling

The worst I can thot of -  gambling away without unlimited amount in just one night and

the next day realized (oneself) he/she is dead. Smiley
 

 
teeth53
    30-Sep-2010 21:08  
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Since then after this super Friday. Incident Smiley  has changed to Smiley 28 (those blind by greed) 

A huge super catch up phase on it Super volume last Fri 13th Aug 2010.

Super volume - 676,743,000 millions share changed hands.

teeth53 thot - Humm...This good day (Friday the 13th). Will it last and for how long it if last ?.
 
 
niuyear
    30-Sep-2010 21:04  
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A very fundamental basic that i want to own a share of this company is simply:

Casino will never run out of people.  Its a people's place, a place full of people. Unllike on-line betting.

Casino in manay countries, do contribute to its country's economy and toruists' visists.  It is recession proof.

Why people go there:

1) good place to wine, dine and play

2) ppl attracting to the games and the challenges, or perhaps, showing off skill at table games

3) company's entertainement for its clients

4) thousand and one reasons for ppl to be there

it has been debated over and over that casino could bring forth lots of social problems, but,  one has to know its own limits and be responsible for his own action.

A smart person will not want to gamble all his money and life away

A happy person will know how to enjoy his life to the fullest.

 

 



cannotfind      ( Date: 30-Sep-2010 19:19) Posted:



You may ask yourself the following questions on your Genting Singapore or Genting HK stock trading:
  1. Are you buying the stock at high or low? What is your trading rules? Buy Low Sell High, or Buy High Sell Higher?
  2. Are you listening to other “experts” or reading the analyst reports to make your BUY decision? Do you know those experts already set the whole thing up (they have already bought the shares long long time ago) and waiting for you to push the share price up so that they can sell high and make all the profit?
  3. Do you know that Genting is still losing money as a whole?
  4. Do you know how long Genting will take to finally breakeven their original investment?
  5. Why the President & COO of Genting Singapore selling his shares recently, if everything is so rosy?
  6. Did you see everyone is chasing the stock and cause the stock chart pattern become a parabolic curve?
  7. Do you know what will happen next after the parabolic curve chart pattern?
  8. You only hear people boosting how much money they make on Genting, do you know how many peoples out there losing money but they keep quiet? Stock market is ZERO SUM game, someone makes the money from  someone lose. Most of the cases, professional traders make tons of money from the retail investors like you and me.
  9. Do you know how frequent the analysts change BUY/SELL/HOLD recommendation and target price  in just these few months? The Genting business model and fundamental cannot change in overnight but the analyst recommendation and target price changes just in a split of seconds. They modified their assumptions and change target price to justify their assumption. Do you know what does the “assumptions” mean? Assumption means “Using Personal Opinion with some numbers”.  You can become your own analyst too if you know how to make assumptions.
  10. What mentality you have when you buy these stocks? Are you telling yourself “I sure make money because Genting will go up to $3.00 because X analysts said that”, or asking yourself “When should I cut loss if Genting falls?” Will the result be different when you change your mindset and the way you ask the questions to yourself? You need to know that there are two different mindsets in stock trading, ie. defensive and offensive.

 
 
iknownothing
    30-Sep-2010 20:27  
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good luck to nannys.
 
 
teeth53
    30-Sep-2010 19:55  
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Eureka. Genting SP has gone into over drive, hyper-active driving market sentiment.

http://forum.channelnewsasia.com/viewtopic.php?p=3937882#3937882

just buy when it drop... Rolling Eyes
what then when it dun hit 3/- by year end ?. Very sad - right. Crying or Very sad
Usually BBs play up and let go, then many, many small boys stand to hold....Crying or Very sad


16-Sep-2010. On this day. 49 analyst upgrades and 27 downgrades.
A remarkable 76 changes in total during this past years.


At $10/- S$122 billions worth after GIC,. Temasek and bigger then three other big banks combine (DBS, UOB and OCBC) By hitting $3/- target, it will be value at $36.5 billions, making it more valuable then the 3 big banks combine

Not every Sunday is shining Sunday, see so many happily punting. seem everyday is always a Sunday. Very Happy Punters is, so happy punting everyday Very Happy Win or loss, happy trading. All  thank to Punters and traders alike...Cheer
 
 
cannotfind
    30-Sep-2010 19:20  
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