| Latest Forum Topics / Genting Sing Last:0.615 -- |
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The next chapter
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huathuat888
Senior |
15-Apr-2020 14:43
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Do not touch, don' t let them make money from you.
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lighter87
Master |
15-Apr-2020 14:42
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lai liao, the algo going to work again. they know exactly how many shorts are there
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wehuattogether88
Supreme |
15-Apr-2020 14:40
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Oh , how many lots u shorted?
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newbieliu
Elite |
15-Apr-2020 14:07
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I just shorted at 745 then buy queue built lol
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AhLiang
Elite |
15-Apr-2020 13:26
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Better not to touch. Now no income from casino, theme parks, hotels, Cruises, the Group bleed big. Singapore is only one part of it. The only income is from the stock market.
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lennon1986
Member |
15-Apr-2020 12:19
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What is your take now?
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AhLiang
Elite |
15-Apr-2020 11:45
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After so many days of distribution, retailers who wanted to buy hot potato already had their wishes fulfilled. | ||||
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lennon1986
Member |
15-Apr-2020 10:56
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Pump punp it up, all BB lets pump it up more | ||||
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AhLiang
Elite |
15-Apr-2020 07:19
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No company or individual can recover the loss during this long period of lock-down. Myself as a example : now I earn $3.20 per hour. And I work 12 hours a day which is already my max. After Covid if I want to recover, I have to work longer than my max. Even if I do that, the extra income is for my extra work I deserve to get at that time and not money drop from the sky.
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ysh2006
Supreme |
15-Apr-2020 07:03
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Yesterday Shareinvestor held a Webinar talk about this stock saying it has money to tie
over this difficult period but may take year to recover...prospect wise need to see
Covid 19 and Japan casino bidding result. It also need to spend $4b to renovation.
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AhLiang
Elite |
15-Apr-2020 05:09
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Expert how you know 'BB technically are supported by insiders'?
You mean BB are outsiders?
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Gencasino
Senior |
14-Apr-2020 23:05
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Goldman says downturn will be four times worse than the financial crisis https://www.cnbc.com/2020/04/14/goldman-downturn-will-be-four-times-worse-than-the-financial-crisis.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard |
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TA_Expert
Supreme |
14-Apr-2020 22:31
Yells: "The World has changed" |
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I won' t buy now after the rally of 48% since March. I need to see consolidation first. The BBs are very smart. Genting Singapore is no longer required to publish quarterly result. They will now publish half year financial result instead. The H1 result will be released n July-Aug period. By then, the virus may be over. Without knowing quarterly financial result, nobody knows what' s happening inside Genting except the insiders. That' s why BBs are so confident to pump up the stock. BBs technically are supported by the insiders. Having said that, the company will provide voluntary quarterly business updates to shareholders in respect of each of the first and third quarter of the financial year ending March 31 and September 30 respectively. Remember it is only business update, not finanical figures. Therefore, nobody will ever know the impact on the company due to the virus. People are guessing and speculating. That' s why all the shortists got killed because they are basing on logic and rationality. A lot of people don' t know the dark side of Casinos in the world especially in Asia Pacific. I can tell you it is damn scary.
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like2learn
Veteran |
14-Apr-2020 21:31
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thx for your kind words. Does it mean the BB have a lot of short positions now ? If so, that means they believe the stock will correct downwards. That means got chance to collect at maybe $0.65 (this time I won' t be so greedy to wait still $0.5x) ??  ![]()
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TA_Expert
Supreme |
14-Apr-2020 19:10
Yells: "The World has changed" |
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You are not alone. Many of us missed the boat after reading the news. In early March, short sellers took advantage of the negative sentiment on the company and depressed it down to $0.50++. At the same time, BBs were watching closely. Once they have determined enough short volume, they will start pumping up the stock upwards, killing all the shortists. Many of whom I know shorted the company got burnt. They couldn' t believe that this stock can power up depsite the situation. They couldn' t believe their eyes, shocked in their faces. In order to cut further losses, they have no choice but to cover back because nobody knows when will these BBs stopping buying. As some members have pointed out. Genting is controlled by big boss. Unless you have the financial strength to fight with him, else you will lose in this battle. For those who scooped up at $0.50++ range, congrats that you huat thanks to these invisible BBs.
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lennon1986
Member |
14-Apr-2020 16:18
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Let's pump pump pump up up up
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like2learn
Veteran |
14-Apr-2020 15:58
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correct lah, but have to wait another 10 years for $0.5x - 2030 ? still sad for missing the chance last month.... ![]()
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Gencasino
Senior |
14-Apr-2020 15:54
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Scary with the number of job losses
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sOsObIn
Member |
14-Apr-2020 11:53
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it is crazy , during CB everything close but price go up. btw G13 have suspend the dividend?
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Truthee
Senior |
14-Apr-2020 11:53
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Agree. The morning buy orders are all like big bites, one buyer eat all the sell queue. There is bb controlling. dun touch. this game is who got money control. bye
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