History may not repeat itself this time. Investors are preoccupied with the upcoming elections in 6 states. A PN win in any of the states other than the three it already holds would be bad for gaming stocks.
Whenever the price goes down, a bunch of doomsayers will emerge with all sorts of negative comments, in the hope of people selling & picking up the stock at a cheaper price. Pls be mindful that Genting has ventured overseas and are not dependent on their operations in Malaysia, regardless of the outcome of the state elections. The bulk of their earnings are from overseas.
For the amateur who doesnt know what is "Price Action" / too lazy to find out what professional traders are talking about.
Tue, May 30, 2023 at 2:35 PM GMT+8 A 24-year-old stock trader who made over $8 million in 2 years shares the 4 indicators he uses as his guides to buy and sell
Posted by newbie2019 > 5 hours ago | Report Abuse more discount at 4 may be wait ? ATK Sifu collecting now?? wondering -------------------------
ATK down with a bad flu. Last week went for a seminar there was a fat woman not wearing mask kept coughing behind me. Think she spread the flu and cough virus to me. KNN plenty of buay zi tong people around. Same for online, same in the real world.
Yes its not easy to be a good trader. I think only abt 10% can make it eventually in the long run. Hence on short term, many amateurs will resort to using evil/cheap tactics posting rubbish non-stop on online public forums hoping to skyrocket the naive to Holland.
Posted by i3lurker > 4 minutes ago | Report Abuse excuse me !!! the share price had moved from 5.00 to 4.19 and with China latest covid wave 65 million new covid cases in 1 week, guess which direction the Genting share is going? ------------------------
Uncle Lim is smart. If he has blindly held on to his German shipyard, he would have been hit badly. He bought back his cruise ships and started a new cruise company.
the covid news is probably from Indian websites. When I ask ppl well versed with medicine, they tell me it is mild. No more chance for Pfizer to make indecent profit.
Posted by MoneyMakers > 1 week ago | Report Abuse Ready foreign fund huge selloff next week if QR loss FF alrdy dump GenS (8% drop) after lousy QR -----------------------
Now blame on politics? You were jeering the results were very bad. GenS, GenP, GenM, GenB result very bad right?
hold for how long? when you see it ticking up, you buy and then sell
life is so much better this way be careful do not buy at top => do not buy any stock gone up more than 30% within few months this is the only rule you need to remember but requires some "professional judgement" thats comes with experience. then hold until stock drops more than 10%, cut win while still in profits
there is a term for it some call it "momentum trading" stocks that are going up will tend to go up a bit more. Your profits is from the "a bit more" and must be "unlimited", only sell when it drops more than 10% from peak.
example Genting peak 5.00 so you should have sold at 4.50 if you did that you wun be crying now.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
prudentinvestor
4,537 posts
Posted by prudentinvestor > 2023-05-30 17:06 | Report Abuse
History may not repeat itself this time. Investors are preoccupied with the upcoming elections in 6 states. A PN win in any of the states other than the three it already holds would be bad for gaming stocks.