WEATHER FORECAST FOR GENTING-MORE RAIN EXPECTED TODAY

More
14 years 8 months ago #2931 by winstorn
Yesterday US market faces stormy weather and finally heavy rain caused Dow Jones, S&P and Nasdaq to close lower by around 1% each. Another reliable news on Genting: QUOTE --- Nomura Holdings Inc coverage of Genting with a reduce rating and a target price of only 0.77 cents. After a 200% rise over the past year, we see significant downside risk for Genting as expections are becoming unrealistic, \" Wai Kee Choong, an analyst at Nomura says. Genting Singapore says it will ask the holders of its outstanding CB amounting to $321.1 million to convert the bonds into shares at 95 cents each by Feb 9 ie TODAY.
UNQUOTE ---- All those who short Genting yesterday can continue to short until the price is around 1.00. Take your profit and enjoy some good ang pow for CNY. For those who did not get out of position may try their luck at the casino when it open for the new year. [img] :laugh:

Please Log in or Create an account to join the conversation.

More
14 years 8 months ago #2935 by wu_hcap
Please don\'t comment too much. Look at your recommandation on Oceanus, does it find the support @S$0.38?

Please Log in or Create an account to join the conversation.

More
14 years 8 months ago - 14 years 8 months ago #2937 by soyabean
Everyone posts what they think and feel. Its up to others to decide if they want to act on it. This is basic understanding when one reads up any forum.
Last edit: 14 years 8 months ago by niadmin.

Please Log in or Create an account to join the conversation.

More
14 years 8 months ago - 14 years 8 months ago #2938 by winstorn
In actual fact, I make some money by shorting it at 1.09 and sold at 1.06. I will short again if the price goes to 1.09 to 1.10 again. All my post are for your reading and for your decision. If you are not happy with my posting, you can simply ignore my posting and read others. Just like all my posting says: I post you decide.
Last edit: 14 years 8 months ago by niadmin.

Please Log in or Create an account to join the conversation.

More
14 years 8 months ago #2963 by soyabean
Wow my post got edited even in the absence of profanity? Seems that views which \"does not promote\" harmony will get edited at will. Having said that, it seems to be double standard that the earlier post that I was responding to doesn\'t get interpreted in the same manner. Both are at best, representations of personal opinions and views.

Please Log in or Create an account to join the conversation.

More
14 years 8 months ago - 14 years 8 months ago #2964 by winstorn
Look at the today closing price of Genting. It speaks for itself. If Genting is so good, it will rally towards 1.25. I am still holding some short position at 1.09. Trend is your friend and don\'t go against it.
Last edit: 14 years 8 months ago by niadmin.

Please Log in or Create an account to join the conversation.

Time to create page: 0.208 seconds
Powered by Kunena Forum
 

We have 2592 guests and 2 members online

rss_2 NextInsight - Latest News