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GenSp starts to move up again

niuyear
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26-Feb-2010 15:19

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brave ! I also bought few and try.

Huhushares ( Date: 26-Feb-2010 15:15) Posted:

Just brought 10 lots... : ) at 0.885 hope market will close at 0.90

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nickyng
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26-Feb-2010 15:18

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WAT?!??! bought at 65cts and u still keeping when it hit 1.30 !???!! gosh ! *pray u like GOD* u really got the patience ! :D

leoleo ( Date: 26-Feb-2010 15:04) Posted:

bought @ 0.65, should hold or sell ?

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Huhushares
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26-Feb-2010 15:15

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Just brought 10 lots... : ) at 0.885 hope market will close at 0.90

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street81
Senior

26-Feb-2010 15:05

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u are lucky...my colleague bought 20 lots at 1.20...

leoleo ( Date: 26-Feb-2010 15:04) Posted:

bought @ 0.65, should hold or sell ?

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leoleo
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26-Feb-2010 15:04

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bought @ 0.65, should hold or sell ?

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nickyng
Supreme

26-Feb-2010 14:52

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gosh! glad u did ! ...rule of thumb....Short on Strength...but of cos...open ur eyes 1st b4 u do so :) and $$ will flow your way :)

AnthonyTan ( Date: 26-Feb-2010 14:40) Posted:

Ths nickyng, recently follow a little bit of your shorting

and make a little bit of coffee $$$$$$. hahaha

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AnthonyTan
Elite

26-Feb-2010 14:40

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Ths nickyng, recently follow a little bit of your shorting

and make a little bit of coffee $$$$$$. hahaha

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purelotus
Senior

26-Feb-2010 14:36

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Not ready to buy yet.

Still no feeling yet. haha. maybe below 84 or 80 cent?

How about you?

AnthonyTan ( Date: 26-Feb-2010 14:22) Posted:

Are you ready to buy now?

purelotus ( Date: 24-Feb-2010 22:20) Posted:

Someone post this before. I copy it and read it everytime i want to buy a stock.

Do not follow blindly; Buy what you know; Sell what you earn.

Don't buy when many people are buying; it may be already at its highest

Don't sell when many people are selling; it may be already at its lowest

Start buying when many people are selling; it may be at your bargain

Start selling when many people are buying; it may be at your best profit.

Be alert when market is too hot, it is your sign of exit

Be alert when market is too soft, it is your sign of entrance

Practice Practice Practice and you will perfect it one day.

Do not GAMBLE

Once I also try to believe Genting can reach 1.5 before opening. But I sold mine mostly at 1.2+.

I read everyone post, but i made the last decision base on my way of trading.

I remember risktaker call to buy China Milk. I know China Milk from him. But after research, my decision is not to buy. Luckily i did not buy, else kena halt. Haha.

So do your own research and believe in yourself. If you make the wrong decision, you can improve and learnt the lesson.

If you just follow blindly, you learn nothing even you earn million.

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nickyng
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26-Feb-2010 14:35

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err....sorry..is it a typo on your end that i see? "buy" or do u mean "sell" ?? with this kinda of stock and this kind of bearish mkt...u wanna BUY ??? gee.... :)

JUST SHORT LAH !! :D ....u short 10 times...9 times make $$$ in today's mkt ! :D

AnthonyTan ( Date: 26-Feb-2010 14:22) Posted:

Are you ready to buy now?

purelotus ( Date: 24-Feb-2010 22:20) Posted:

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AnthonyTan
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26-Feb-2010 14:22

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Are you ready to buy now?

purelotus ( Date: 24-Feb-2010 22:20) Posted:

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AnthonyTan
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26-Feb-2010 14:13

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Pre CNY, many uncles & aunties and oso tais tais

go in at $1.20 - $1.30. If never cut loss,die standing.

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Forglory
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26-Feb-2010 14:02

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this counter totally collapsed since hitting 1.30

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myzticalz
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26-Feb-2010 14:02

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Oh, I see I see! Understand a little bit already, seems like a very hard process to understand. Sorry for me being noob, just started looking at stocks now.

Thanks for giving me the information though! :)

purelotus ( Date: 26-Feb-2010 12:59) Posted:

Normally,

26/feb/2010: You buy Stock A = 2000 unit.

27/feb/2010: You sell Stock A = 2000 unit

You sell what you own.

--------------------------------------------

Short,

26/feb/2010 1:00PM: You sell Stock B = 2000 unit @ $1.10 . (You sell what you do not own, you borrow from your broker or house)

26/feb/2010 4:00PM: You buy Stock B = 2000 unit. @ $0.90

You earn 0.20 cents after u buy back at 4pm. You only short when u very sure the price will drop today.

You must buy back before end of the day.

myzticalz ( Date: 26-Feb-2010 12:46) Posted:

Oh, so target price means your own target price to buy the shares, right? But short part is really dont understand. DO NOT own means buy same day, sell same day is it?

So interesting to know :) Thanks teacher ^_^

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niuyear
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26-Feb-2010 13:56

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Personally, i have not been to Sentosa for few years already. As for tourists, if they have visited once or twice the sentosa and universal studio, they wouldnt want to go there unless they really enjoy the Sun, Sea, Sand and Moon and the resorts or perhaps, its Orchid Enclosure? lol. Not to forget, I could enjoy 'ice' in marina bay in its ice-skating ring.

My dream is to travel to Genting Sentosa by UnderWaterWorld , on the way there, i cld see shark, stingray and dugon and many beautiful fish or bypass the pink dolphine. hahaha! It cld be possible if they re-do the UnderWater world and make an additional ending point at Casino and Universal studios, kids cld exit at Universal studios and the gamblers exit at Casino.

Sarahli ( Date: 26-Feb-2010 09:51) Posted:

I do not buy this Sands competition will be detrimental to GS. Initially yes but actually positive in the long run. To think they are cannibalising each other would be like saying Ion or Somerset opening is going to hit all the shopping centres in town badly. As we can see, each will find its own niche customers and pple will go wherever serves their needs ie, I will go to Ion if there is something I need to get there or I will pop in to Somerset if I just happen to be around there. But the great thing is that they all make coming into Singapore more exciting and there are more reasons to visit Singapore now. When MGM built the world's biggest hotel at that time ie, more than 5,000 rooms in one hotel, the initial sentiment from almost everyone is how are they going to fill it up and concerns prevail then over what will happen to the rest of the hotels along the strip. Well, they not only fill it up easily through the years but the hotels along the strip came to like the idea whenever there is a new development coming up to give another reason for regular visitors to go to Vegas to look see. Otherwise, it is like a stagnant town and pple will go to where things are happening. All of them get to benefit with more tourists/visitors from f&b, shows' ticket sales, gambling receipts, etc. So, I am sure GS will get to benefit from Sands' guests in some ways eg, Universal attendance, shows' sales, f&b, and even gaming, if they drop into Sentosa, which I believe quite a few will.

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AnthonyTan
Elite

26-Feb-2010 13:52

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Forget to add:- you can cover your buy/sell any time

within 30 days and can even carry forward. Interet

charge will be added.

AnthonyTan ( Date: 26-Feb-2010 13:47) Posted:

Another option is to open CFD a/c

You can leverage 5 times your capital

e.g. deposit S1,000 with the broking hse,

you can trade upto $5,000. Pl. bear in mind

your have to bear interest charge, plus the normal

trading charges.

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AnthonyTan
Elite

26-Feb-2010 13:47

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tanweechong
Member

26-Feb-2010 13:42

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88 liao...very good & lucky number to buy now... .huat ah!!!

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purelotus
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26-Feb-2010 12:59

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Normally,

26/feb/2010: You buy Stock A = 2000 unit.

27/feb/2010: You sell Stock A = 2000 unit

You sell what you own.

--------------------------------------------

Short,

26/feb/2010 1:00PM: You sell Stock B = 2000 unit @ $1.10 . (You sell what you do not own, you borrow from your broker or house)

26/feb/2010 4:00PM: You buy Stock B = 2000 unit. @ $0.90

You earn 0.20 cents after u buy back at 4pm. You only short when u very sure the price will drop today.

You must buy back before end of the day.

myzticalz ( Date: 26-Feb-2010 12:46) Posted:

Oh, so target price means your own target price to buy the shares, right? But short part is really dont understand. DO NOT own means buy same day, sell same day is it?

So interesting to know :) Thanks teacher ^_^

Alligator ( Date: 26-Feb-2010 12:26) Posted:

wah...ok help u

TP = Target Price

Shorting : Sell the shares that u DO NOT own.

Please dun do it, until u understand, if Short but do not cover ( buy back) in the same day, it is considered NAKED short and will subject to SGX fine of minimum S$1000..

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myzticalz
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26-Feb-2010 12:46

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Oh, so target price means your own target price to buy the shares, right? But short part is really dont understand. DO NOT own means buy same day, sell same day is it?

So interesting to know :) Thanks teacher ^_^

Alligator ( Date: 26-Feb-2010 12:26) Posted:

wah...ok help u

TP = Target Price

Shorting : Sell the shares that u DO NOT own.

Please dun do it, until u understand, if Short but do not cover ( buy back) in the same day, it is considered NAKED short and will subject to SGX fine of minimum S$1000..

myzticalz ( Date: 26-Feb-2010 12:18) Posted:

Hi All,

Can I know what is TP and what is shorting? Erm, sorry for the various questions, new to this forum and want to learn more :)

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Andrew
Master

26-Feb-2010 12:42

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I think you can wait for 72 as MFT said that it is a fair value. If MFT say 72, then it must be 65 or cheaper......

Now all the MFTs are rushing to say it is a hype......too small.....too restrictive.....

AT01167 ( Date: 26-Feb-2010 12:03) Posted:

Look like no more support liao :)

free fall .. congrats for those who short till blur :P

Waiting for 85-86

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