Posted by JustTry19 > 2020-12-16 14:15 | Report Abuse

all rushing job with gloves and vaccine ended.. now back to stable and progressive counter investment like AA, GENM and Banks ... back to work

Posted by emsvsi > 2020-12-16 14:18 | Report Abuse

Genm shareholders all solid !

Run here run there later miss big boat ! ha ha better stay one place sip coffee and no need waste energy ha ha !

The big money is always buying and holding and laughing all the way to the casino ha ha ha !

Posted by choysun > 2020-12-16 14:26 | Report Abuse

Top up b4 FDA Approval for Moderna anyone?

Posted by hengsame > 2020-12-16 14:33 | Report Abuse

This is a bull market in which a little price down will be pushed up by those who got no shares. Better hold tight before price surge...

Posted by Philan008 > 2020-12-16 14:34 | Report Abuse

back in Sept-Oct, I told my wife, I need to buy Genting, how can I not?

I scare one day I will tell my children that papa worried about buying Genting at 3 (or GenM at below 3).... it might be the most foolish thing I ever regretted...

But of cz, now it will Papa very brave, buy Genting at low point in 2020 while mama feel so scared.... Gona be a Proud Papa Story

Posted by hengsame > 2020-12-16 14:34 | Report Abuse

Hold tight and wait for bankers who wanted to buy badly....

Posted by hengsame > 2020-12-16 14:37 | Report Abuse

PCHEM is rebounding now. For those who are interested...

Posted by hengsame > 2020-12-16 14:40 | Report Abuse

In bearish market, you RUN AND BYTE.
Now is bullish market, so buy and hold

Posted by kaitan > 2020-12-16 15:07 | Report Abuse

people buying at this price really gambling (excuse the pun). Overbought territory, Rsi and Stochastics all high.

Posted by Goldgent > 2020-12-16 15:13 | Report Abuse

Below 3 is still a bargain. When SkyWorld open next year, easily reach 3.88.

Posted by M2 > 2020-12-16 15:14 | Report Abuse

Pre covid time Rm3.3

Posted by miniminer > 2020-12-16 15:32 | Report Abuse

Next Monday will be the Winter solstice day- celebrating "worst time in a year" is over, back to recovery time and waiting for New Year & Ang Pau. Hope the Covid-19 is over too so GENM business will be recovered and give Ang Pau to supporters ya ........hehehe.......................

Posted by choysun > 2020-12-16 15:44 | Report Abuse

@kaitan Overbought with great upside momentum no good meh? Come on la, don't con ppl ok... :p

Posted by hck1981 > 2020-12-16 15:49 | Report Abuse

simetime.run is means take the profit first...after down go in again !....my reminaer told me same also...

Posted by Tedinvestor > 2020-12-16 15:55 | Report Abuse

Give sell advice because you want to buy cheap right? Investors buy sell by listening to your call?

Posted by choysun > 2020-12-16 15:55 | Report Abuse

@hck1981 Yes, but short term Genting no good for you lo. You should choose counters with higher volatility :p

Posted by stocksyndicate > 2020-12-16 15:58 | Report Abuse

I think hck2981 & kiatan simply cannot afford at current price. Pity la.

Posted by Alfonso > 2020-12-16 15:58 | Report Abuse

no need to wait until skyword to push up to 3.88, when the exact date of opening confirmed, kaki goreng will fry up to 4

Posted by Alfonso > 2020-12-16 15:58 | Report Abuse

TP USD 1

Posted by stocksyndicate > 2020-12-16 15:59 | Report Abuse

Begging people to sell down the price so that you can afford to buy? So fxxking cheap Hahaha

Posted by emsvsi > 2020-12-16 16:54 | Report Abuse

You must understand

Genm is a cult stock. Like Tesla is a cult stock

In a cult stock, there is no such thing as overbought

To the Moon !

Posted by choysun > 2020-12-16 17:04 | Report Abuse

Steady again! Flushed out a few short termers I guess? :D

Posted by choysun > 2020-12-16 18:32 | Report Abuse

Consolidate 4 weeks? If take so long no need to see dy lo... Wish you luck to get your 2.60 :p

Posted by kaitan > 2020-12-16 18:37 | Report Abuse

2.60 so high. When short sellers join the party in Jan this will go down to low 2s de. Hedge funds create volatility to make money, then when it reaches the low 2s, it will run up the week before 4th QR (after Valentine's Day).

Posted by JBond007 > 2020-12-16 18:39 | Report Abuse

Where got high...Genting Singapore today spiked up 4.09% to S$0.89 (highest in 11 months).

Posted by AXE666 > 2020-12-16 18:50 | Report Abuse

Please continue wait ,can wait for rm2.00 in next market crash better.

Posted by ongth60 > 2020-12-16 18:51 | Report Abuse

20 days to go...

Posted by JBond007 > 2020-12-16 18:55 | Report Abuse

Yesterday one of the forum member share a post with us.
Topic is 'Casinos should have a huge year in 2021'.
There are two videos attached in the link. In the second video, the host explained Wynn Resorts, MGM Resorts & Las Vegas Sands share performance (take note on the 50 day MA & 200 day MA Golden Cross charting).
https://www.cnbc.com/2020/12/14/casinos-should-have-a-huge-year-in-2021-jim-cramer-says.html

Posted by JBond007 > 2020-12-16 18:55 | Report Abuse

So you can check GenM charts in comparison to Wynn, MGM & LV Sands.
Study betul-betul & check when will be the Golden Cross for GenM.
Do some homework lah, don't eneryday kacau-kacau said you want to buy at 2.00.
No 'Back To The Future' time machine here.

Posted by choysun > 2020-12-16 19:11 | Report Abuse

Some still hoping it's March 2020... -_-"

Posted by choysun > 2020-12-16 19:13 | Report Abuse

@JBond007 Golden cross forming anytime dy. Looking forward to showtime! :p

Posted by choysun > 2020-12-16 19:33 | Report Abuse

@Tobby Yes, there is an asteroid that will hit earth tomorrow to wipe out humanity as well. Spread the word! :p

Posted by JustTry19 > 2020-12-16 19:37 | Report Abuse

Wow some r really very serious in spreading false news ..buy at current .. still can make money .. not necessary to push down to 2.60

Posted by mita29 > 2020-12-16 19:58 | Report Abuse

Wah ppl trusting Jim Cramer, amazing!!! https://www.youtube.com/watch?v=gMShFx5rThI

Posted by choysun > 2020-12-16 20:15 | Report Abuse

@mita29 He is sharing strategy that could potentially be employed to manipulate. But you've gotta have BIG funds to do that. What's your point leh? And a 12 year old video... Really?

Posted by 752_michael_chan > 2020-12-16 20:30 | Report Abuse

https://www.facebook.com/100001927612483/posts/4755375044536702/?d=w

Please watch ! Direct from The Man...

Posted by 752_michael_chan > 2020-12-16 20:33 | Report Abuse

No doubt, casinos have a huge potential from q2 2021... so what are you waiting

Posted by 752_michael_chan > 2020-12-16 20:35 | Report Abuse

Don't miss your pot of gold..

Posted by choysun > 2020-12-16 20:37 | Report Abuse

Those who like to spread fake news, this clear things out. Cluster not related to Genting Highlands Resort but associated to construction companies around the vicinity. Its irresponsible construction companies and factories that is causing spike in cases across Malaysia. Genting Resort is probably the safest place in Malaysia considering their strict SOPs! Very Responsible Management :)
https://www.nst.com.my/news/nation/2020/12/649983/police-genting-cluster-not-related-highlands-resort

Posted by choysun > 2020-12-16 20:43 | Report Abuse

@752_michael_chan I'm sure some fools will call the video Deep Fake. :p

Posted by 752_michael_chan > 2020-12-16 21:10 | Report Abuse

@choysun They have different interests.. but it's tough for them, too. No one can be market mover by himself. The tactics used 3 or 6 months ago may not work today...situation has changed

Posted by mita29 > 2020-12-16 21:12 | Report Abuse

Genting going back to 2.0 is actually extremely bullish, why? Because it's triple bottom, poor glove stocks suffer triple top, genting must suffer triple bottom. Come on say something bad, let it go down. You guys are way too optimistic already. L shape recovery next year. Xd

Posted by 752_michael_chan > 2020-12-16 21:12 | Report Abuse

Time is on GenM side...

Posted by Keyman188 > 2020-12-16 21:13 | Report Abuse

Ban on restricted short-selling to be lifted on Jan 1, but intraday short selling remains prohibited until Feb 28

(theedgemarkets.com / December 16, 2020 19:17 pm +08)


KUALA LUMPUR (Dec 16): The suspension of restricted short-selling (RSS) on Bursa Malaysia is set to be lifted on Jan 1 next year, after the sanction was imposed by the regulators for nine months.

However, the regulator extended the ban on the intraday short-selling (IDSS) and intraday short-selling by proprietary day traders (PDT Short Sale) until Feb 28, 2021. Consequential to the extension of PDT Short Sale, temporary waivers in relation to PDT will also be extended to Feb 28, 2021.

To recap, the ban on short selling of equities was imposed by the Securities Commission Malaysia (SC) and Bursa Malaysia starting on March 24 this year when global markets were hammered by the equity rout. The move, said the regulators, was “part of their proactive measures to mitigate potential risks arising from heightened volatility and global uncertainties.”

The suspension was initially targeted to end on April 30 but was extended for three times. At first it was targeted to end on June 30, but was extended till Dec 31, 2020 and it was further extended till Feb 28, 2021.

“The SC and Bursa Malaysia Bhd will lift the temporary suspension of Regulated Short Selling (RSS) and have reviewed other market management measures that were introduced this year following heightened market volatility arising from the broader impact of Covid-19.

“This decision was made after careful consideration of current market conditions and the evolving needs of the market,” according to the joint statement by SC and Bursa Malaysia.

It stated the move to lift the ban of RSS is to facilitate investors’ risk management and revive Securities Borrowing and Lending (SBL) activities, which is an integral capital market function to promote product development and market making activities.

Notwithstanding that, the RSS will be re-introduced with the following enhanced control measures to ensure stability and maintain investor confidence.

“The daily gross short position limit for approved securities will be temporarily reduced from 3% to 2%; and a new cap of 4% on RSS aggregated net short position will be introduced,” the statement showed.

Meanwhile, they said the temporary revisions to existing market management measures, namely the dynamic and static price limits as well as the circuit breaker, will be extended till May 30, 2021. These were implemented on July 20, 2020 and are due to expire on Jan 18, 2021.

Posted by mita29 > 2020-12-16 21:23 | Report Abuse

Would ppl do just fine by doing the opposite of what Cramer preached?

"In January 2000, close to the peak of the dot-com bubble, Cramer recommended investing in technology stocks and suggested a repeat of the stock performance of 1999.[40]"

https://en.m.wikipedia.org/wiki/Jim_Cramer

Posted by 752_michael_chan > 2020-12-16 21:56 | Report Abuse

大选成牛市最大威胁 马股涨势恐难持续
https://www.chinapress.com.my/?p=2325468

Hope the rotation into the cyclical stocks will continue

Posted by 752_michael_chan > 2020-12-16 22:05 | Report Abuse

Short term market is bullish... GenM is still a good bet

Posted by choysun > 2020-12-16 22:27 | Report Abuse

Don't worry, 2021 will be a fantastic year for GenM!

Posted by JBond007 > 2020-12-16 22:40 | Report Abuse

Hahahaha, mita29 so big response.
mita is the short form of Malaysian Inbound Tourism Association & GenM is mita godson.
mita will become easy & prosperous in the year of ox if mita board the tourism boat.
Lai lai lai, come buy GenM tomorrow, don't say bo jio arr.

Posted by speakup > 2020-12-16 22:57 | Report Abuse

https://www.themalaysianinsight.com/s/290322