| Latest Forum Topics / Genting Sing Last:0.615 -- |
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Genting SP Next Move
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feedfrenzy
Veteran |
27-Nov-2015 14:22
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today a few counteres including starhub all kenna fry high and left high and dry when BB exit. I think they are exiting their positions!!!
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Greatman
Senior |
27-Nov-2015 14:17
Yells: "Be water my friend" |
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Whats happening to genting? dropping like crazy..... |
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ecekca
Elite |
24-Nov-2015 20:12
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You are right. the odds of making $$ is always there. that why expense play an impt role . Genting short term trend moving up...Resistance at 0.88
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spore1
Supreme |
24-Nov-2015 12:46
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Casino comp sure make $.Everyday collecting just like SGX,Smrt etc.Is only whether make more or less profit. | ||||
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Forglory
Senior |
24-Nov-2015 12:38
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Because GENS' non-gaming revenue accounted for 29% of their total revenue, higher than other IRs (Macau) which had most of their revenues from the gaming area? So that' s good diversification. Which I think should be the way to go too. |
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pinkowl
Supreme |
24-Nov-2015 10:21
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Really very strong. 6% jump. What' s the news?
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MarketSensors
Senior |
24-Nov-2015 09:57
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Genting still strong strong bo dai ji leh. | ||||
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ecekca
Elite |
20-Nov-2015 19:20
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Reckon it will move higher first . maybe 0.87 |
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fighting
Master |
20-Nov-2015 10:33
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0.60? I'm waiting for 0.50
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pinkowl
Supreme |
20-Nov-2015 10:13
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Soli...posted to wrong thread. :P
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pinkowl
Supreme |
20-Nov-2015 10:12
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Help! My short position got crushed, and now I owe E-Trade $106,445.56His name is Joe Campbell, and he claims he went to bed Wednesday evening with some $37,000 in his trading account at E-Trade. One notable development on the pharma front later, and Campbell woke up to a debt of $106,445.56. Now, he may end up liquidating his 401(k). And his wife&rsquo s. That&rsquo s where you come in. At least where Campbell desperately hopes you come in. Of course, sympathy in the trading community over such gaffes is typically in short supply. His is a cautionary tale of getting caught on the wrong side of one of the riskier bets on Wall Street. When you&rsquo re long, the worst you can do is lose is everything. But when you&rsquo re short, everything and a lot more is at stake. He should have known better, no doubt, but you have to feel for this poor guy.  
This is what apparently happened, as Joe explains in  his GoFundMe plea. &ldquo I was holding KBIO short overnight for what I thought was a nice $2.00 fade coming,&rdquo he wrote. &ldquo At the close of the bell I saw the quote montage clear out and figured today there was no action after hours in the stock. So I went to my office for a long meeting. I got out of the meeting and saw a message from one of my buddy&rsquo s, he asked if I was ok since I was short KBIO.&rdquo OK he was not. Far from it. KaloBios  KBIO,  +402.42%    stock had exploded,  running up about 800%  at one point in late trading after Turing Pharmaceuticals CEO Martin Shkreli (yes,  THAT Shkreli) gained control of a majority of the shares. KaloBios had announced last week that it was winding down operations because it was running out of cash while developing two potential cancer drugs. This is what a true trading nightmare looks like....... (continue at  http://www.marketwatch.com/story/help-my-short-position-got-crushed-and-now-i-owe-e-trade-10644556-2015-11-19). |
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Hoover
Member |
19-Nov-2015 13:41
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Agree, but I suppose if you time it right, can benefit also.
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Qanghoo
Supreme |
19-Nov-2015 12:50
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Probably nothing lah.  Just P& D.  Favourite past time of sgx mkt.  One trick pony one. 
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Hoover
Member |
19-Nov-2015 12:17
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Volume growing.  Any news brewing? |
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ecekca
Elite |
18-Nov-2015 20:52
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casino sure win one so it depend on how they manage their expenses too
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Trade8668
Member |
18-Nov-2015 14:54
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due to recent drop in profit, thi share has been going down...I' m waiting for $0.60 too :P   |
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destinykraze
Elite |
18-Nov-2015 12:44
Yells: "Reality is only a matter of perception" |
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should come soon. considering this is 1 stock that has one of the highest short selling volume. ppl sold fearing of price fall.
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brchkho1
Master |
18-Nov-2015 12:35
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I am sure what I had brought up were recorded in minutes of meeting. I will continue to press on this issue in the coming AGM.
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brchkho1
Master |
18-Nov-2015 12:33
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http://sbr.com.sg/hotels-tourism/news/ballooning-bad-debts-hound-struggling-genting For the last 2 AGMs, I had been asking management to check and review the credit policy relating to lending to VIPs, but they seemed to be brushing the issue aside and continue to build up the credit extension. Told them, the gamblers are the ones who has the lowest credit ratings. The bad debt provision can be better used to reward the shareholders with higher dividend pay out.  |
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lawrence83
Senior |
16-Nov-2015 22:20
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Luckily sold mine at S$ 0.85 to breakeven before the result announcement. Waiting for S$ 0.60. |
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