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21-Aug-2009 22:37

Genting Sing / GenSp starts to move up again

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some FI thinks that Genting is over-price. :) Who recently release news that Genting is overly-priced ? :) You can see your counter shares where they came from. if you right click on counter shares and who recently supported Genting ? In a Market theres always Buyer and Sellers. If buyer overcome the sellers the short shoot up its the nature law of stocks.

cathylmg ( Date: 21-Aug-2009 22:21) Posted:

Know that it is opening soon and the price is going up, why then did they still continue shorting?

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21-Aug-2009 20:26

Genting Sing / GenSp starts to move up again

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The shorters are BB too :) Just they want to pressure the price.

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21-Aug-2009 16:52

Genting Sing / GenSp starts to move up again

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BB = Big Boys = Big Players = Fund manager/director (play on behalf of their clients)

Mega Rich client usually deposit a huge amount of money "multi-millions" into their account and the fund manager will carry out as instructed which shares to fry, sometimes people wont specific which shares to buy some as long as its good return however some will.

Thats why these people dont have to pay brokerage fees so 1 lotting is nothing to them as they themselves are the brokerage firms.

The BB that is holding on the shorters is super rich too :) thats why is a good war between them. Its looking bit desperate on the seller side with 10000 lots. Once this defence is broken the share you might see Genting surge unless the shorters have additional credit line. No one will have unlimited Credit Line. No matter who u are it still applys.

keepnosecrets ( Date: 21-Aug-2009 16:38) Posted:

The shortists are very loaded with cash. No limits on trading given by the brokerage (confidential cannot leak out). So in order to catch this shortists, the buyers must be either equally stronger (without buying limits) or some big tycoons working together to go for this big kill and enjoy the harvests.

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21-Aug-2009 16:32

Genting Sing / GenSp starts to move up again

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There is a BB recently shorted tons of genting. another BB caught him, and wont let go..... Once BB covered the Shorts might be next week.

Genting $1 might be within reach but i dont think think $1 will hold for long.

They wont be able to hold this amount of shorts for long.

isavon08 ( Date: 21-Aug-2009 16:19) Posted:

wow... the comments are really getting into me & i am lost. Really got a lot for me to learn.

Erm.. can i ask what is BB?

Risktaker, what u mean by "If you Sell genting, Short Genting = Shorters side" ??

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21-Aug-2009 16:15

Midas / Midas

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"666" you win :) very "pie"

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21-Aug-2009 16:12

Genting Sing / GenSp starts to move up again

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Be confident and support the good guys. From what i "see" the 0.90+ is here to stay. Buyer = Good guys.

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21-Aug-2009 16:06

Genting Sing / GenSp starts to move up again

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not potential is confirmed :) There is a war between groups of BB. Who will win ? The Shorters or the buyer ? You decide :)

If you Hold genting, Buy genting = Buyer side
If you Sell genting, Short Genting = Shorters side

I am on the good guys side :)

keepnosecrets ( Date: 21-Aug-2009 15:46) Posted:

This counter everybody have big or small. When mkt good, can go sky high. When mkt no good, can go underground.

But this is better than many other counters...most potential to make big money!

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21-Aug-2009 15:58

Others / Market News that affect STI

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I am worried about this excessive lending though. Yesterday I saw an online ads that asking you to borrow money from China Bank $75000- $500000 yuan easily. Might experience some bad debts building up in the coming years. Its a big bubble that china feared, but they are stuck in this crisis where they have to carry on this lending if not recovery might stall.

el7888 ( Date: 21-Aug-2009 15:54) Posted:

Updated: 21st August 2009, 0800 hrs

Chinese govt think tank forecasts GDP growth rising 8.5% in Q3

China's gross domestic product will grow about 8.5 percent in the third quarter from a year earlier, picking up from the second quarter's 7.9 percent pace.

That's according to a Chinese government think-tank, the State Information Centre or SIC.

The bullish forecast comes against a background of anxiety in world markets that Chinese growth might falter as a boom in fiscal spending and bank lending peters out.

The SIC said growth in bank credit would "normalise" in coming months but warned that any abrupt slowdown in lending would leave many state-backed projects unfinished and result in a new crop of non-performing loans.

New lending will rebound to about 73 billion US dollars in August after shrinking to in July.

The SIC says China would stick to its "proactive" fiscal policy and "appropriately loose" monetary stance in the second half of the year.

It added that the Chinese economy has bottomed out but is still growing below potential, mainly due to weak exports

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21-Aug-2009 15:44

Midas / Midas

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US going Green Tonight :) Congrats to people who dare to enter this morning

risktaker ( Date: 21-Aug-2009 13:16) Posted:

US market looks very red atm. If things didnt change by 3pm. Suggestion is cut lost.

Market seems to be taking profits today and might carry on to sometime next week. Watch for Buy signal Next week. 3

Laulan ( Date: 21-Aug-2009 12:48) Posted:

I sold out on this already. Very controlled counter, please be careful.

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21-Aug-2009 15:42

Genting Sing / GenSp starts to move up again

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You wonder when ? I have no idea... Just Hold you might see Above $1.2 within this 6 months.

isavon08 ( Date: 20-Aug-2009 17:49) Posted:

Hello all,

i am new in investing.. i bought this counter too. Smiley

Risktaker, u mean it prob will hit abv $1.20?

Thinking if to long hold for this counter.. or jus close at $1.20...

risktaker ( Date: 20-Aug-2009 17:21) Posted:

Pre-Opening target should be well over $1.2

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21-Aug-2009 14:25

Midas / Midas

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They know I know lol :)

bennykusman ( Date: 21-Aug-2009 14:17) Posted:

How do you know ? probably its the tactics

risktaker ( Date: 21-Aug-2009 14:09) Posted:

the shorters seems to be slow down on shorting liao. :

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21-Aug-2009 14:09

Midas / Midas

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the shorters seems to be slow down on shorting liao. :)

bennykusman ( Date: 21-Aug-2009 13:13) Posted:

so can beat the "1 lot" guy ?

risktaker ( Date: 21-Aug-2009 12:42) Posted:

Good news :) My friend "might" come in and support midas next week. Good luck guys

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21-Aug-2009 13:16

Midas / Midas

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US market looks very red atm. If things didnt change by 3pm. Suggestion is cut lost.

Market seems to be taking profits today and might carry on to sometime next week. Watch for Buy signal Next week. 3

Laulan ( Date: 21-Aug-2009 12:48) Posted:

I sold out on this already. Very controlled counter, please be careful.

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21-Aug-2009 13:06

Midas / Midas

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i agree :)

richtan ( Date: 21-Aug-2009 09:29) Posted:

Mkt behaves based on sentiments, all these fair values are just on theory, not practical.

ravikp ( Date: 21-Aug-2009 09:24) Posted:

Today BUSINESS TIMES call this counter fair value is $1.05

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21-Aug-2009 12:42

Midas / Midas

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Good news :) My friend "might" come in and support midas next week. Good luck guys

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20-Aug-2009 23:21

Midas / Midas

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agree with richtan on that one. Seems like your trying to contra your way out. My advice is try not to.

richtan ( Date: 20-Aug-2009 23:18) Posted:

Hi m0shii,

U sounds very contradicting, if u are young, wats the logic tat u cant hold so long.

Never pin your hope on making money from stocks for yoour wedding, very risky, no guarantee tat u will make.

Just make do with your budget for your wedding, "cut your clothes according to the cloth u have".

In trading, nobody can predict with accuracy n recommend u any counters at can make fast, if any recommendation tat happens to make u fast money, tat is by luck.

m0shii ( Date: 20-Aug-2009 23:02) Posted:

richtan, I am young...cant hold so long woh....getting married...thinking Midas k break thru 0.9 but ....hai. must give lesser ang bao..

richtan any gd counter to reput my loss....? haha

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20-Aug-2009 23:06

Midas / Midas

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Midas is currently on a roller coaster :( Up & Down. BB Collection mode. It will take sometime before it will crack 0.90

Maybe 1 week or 2 weeks who knows. Maybe tomorrow if theres a mega contract going thru.

SOBAYOR

m0shii ( Date: 20-Aug-2009 23:02) Posted:

richtan, I am young...cant hold so long woh....getting married...thinking Midas k break thru 0.9 but ....hai. must give lesser ang bao..

richtan any gd counter to reput my loss....? haha

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20-Aug-2009 23:04

Abterra / Any comment for ABTERRA?

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This news been around for few months already :) and on chinese papers as well. Hold for 2 years at least.

lawcheemeng ( Date: 20-Aug-2009 22:57) Posted:

one of the reason tot. the ceo is also related to some top govt. seem rite.this piece of news properly all the BB, know much earlier than all of the otherinvestor , that why the price is been supress for them to collect more. so many billion of share to collect. think it will be some days may be week before this A moves. just my veiw. hehehe.

risktaker ( Date: 20-Aug-2009 22:35) Posted:

Thats the reason why Abterra is acquiring mines :)

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20-Aug-2009 22:47

Tiong Woon / Tiong Woon

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I sold mine @ $0.52 crying now

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20-Aug-2009 22:45

Midas / Midas

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you brought 100 lots ? holding it should have no problem. with Midas strong FA.

m0shii ( Date: 20-Aug-2009 22:36) Posted:

buy at 0.88..hai

bennykusman ( Date: 20-Aug-2009 20:59) Posted:

what px u bought ?

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