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Genting SP Next Move

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(@feedfrenzy)
Posts: 687
Honorable Member
 

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!!!

Posted: November 27, 2015 2:17 pm
Posted by: @greatman

Whats happening to genting? dropping like crazy.....

 
Posted : 27/11/2015 6:22 am
(@greatman)
Posts: 151
Estimable Member
 

Whats happening to genting? dropping like crazy.....

 
Posted : 27/11/2015 6:17 am
(@ecekca)
Posts: 2315
Noble Member
 

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

Posted: November 24, 2015 12:46 pm
Posted by: @spore1

Casino comp sure make $.Everyday collecting just like SGX,Smrt etc.Is only whether make more or less profit.

 
Posted : 24/11/2015 12:12 pm
(@spore1)
Posts: 2082
Noble Member
 

Casino comp sure make $.Everyday collecting just like SGX,Smrt etc.Is only whether make more or less profit.

 
Posted : 24/11/2015 4:46 am
(@forglory)
Posts: 40
Eminent Member
 

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.

 
Posted : 24/11/2015 4:38 am
(@pinkowl)
Posts: 5166
Illustrious Member
 

Really very strong. 6% jump. What' s the news?

Posted: November 24, 2015 9:57 am
Posted by: @marketsensors

Genting still strong strong bo dai ji leh.

 
Posted : 24/11/2015 2:21 am
(@marketsensors)
Posts: 79
Trusted Member
 

Genting still strong strong bo dai ji leh.

 
Posted : 24/11/2015 1:57 am
(@ecekca)
Posts: 2315
Noble Member
 

Reckon it will move higher first . maybe 0.87

 
Posted : 20/11/2015 11:20 am
(@fighting)
Posts: 401
Reputable Member
 

0.60? I'm waiting for 0.50

Posted: November 18, 2015 2:54 pm
Posted by: @trade8668

due to recent drop in profit, thi share has been going down...I' m waiting for $0.60 too 😛

 
Posted : 20/11/2015 2:33 am
(@pinkowl)
Posts: 5166
Illustrious Member
 

Soli...posted to wrong thread. 😛

Posted: November 20, 2015 10:12 am
Posted by: @pinkowl

Help! My short position got crushed, and now I owe E-Trade $106,445.56

His 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 https://www.gofundme.com/jwctre k" target="_new">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 ).

 
Posted : 20/11/2015 2:13 am
(@pinkowl)
Posts: 5166
Illustrious Member
 

Help! My short position got crushed, and now I owe E-Trade $106,445.56

His 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 https://www.gofundme.com/jwctre k" target="_new">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 ).

 
Posted : 20/11/2015 2:12 am
(@hoover)
Posts: 27
Eminent Member
 

Agree, but I suppose if you time it right, can benefit also.

Posted: November 19, 2015 12:50 pm
Posted by: @qanghoo

Probably nothing lah. Just P& D. Favourite past time of sgx mkt. One trick pony one.
Posted: November 19, 2015 12:17 pm
Posted by: @hoover

Volume growing. Any news brewing?

 
Posted : 19/11/2015 5:41 am
(@qanghoo)
Posts: 5029
Illustrious Member
 

Probably nothing lah. Just P& D. Favourite past time of sgx mkt. One trick pony one.

Posted: November 19, 2015 12:17 pm
Posted by: @hoover

Volume growing. Any news brewing?

 
Posted : 19/11/2015 4:50 am
(@hoover)
Posts: 27
Eminent Member
 

Volume growing. Any news brewing?

 
Posted : 19/11/2015 4:17 am
(@ecekca)
Posts: 2315
Noble Member
 

casino sure win one

so it depend on how they manage their expenses too

Posted: November 18, 2015 2:54 pm
Posted by: @trade8668

due to recent drop in profit, thi share has been going down...I' m waiting for $0.60 too 😛

 
Posted : 18/11/2015 12:52 pm
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