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STOCK MARKET DISCUSSION V150
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ChAOoz
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Aug 17 2020, 09:16 PM
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QUOTE(Ziet Inv @ Aug 17 2020, 09:03 PM) Wonder is it because genting close shop haha Jokes aside, the rise of Robinhood in the US also shows retailers fueling the stock market movement Yeah, its actually even crazier in the US side. Compare to that our glove speculation seemed very fundamentally driven already. Anyway talking about genting, i have placed my bet with them. Good counter, beaten down but competitive advantage still in tact. Promote abit
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HereToLearn
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Aug 17 2020, 09:17 PM
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QUOTE(hs_clover @ Aug 17 2020, 09:14 PM) What i had learn from august. Buy stock only if ur ready. Haha. I've been trading in my dream every night ever since i bought shares. Planning to cut loss once and for all if the price is not getting better. That's very unhealthy, if fcks your mental health already
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qsrt1616
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Aug 17 2020, 09:17 PM
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Always remember, a good stock is the one that you can buy and sleep well at night. Not those that require you to stare at the price ticker all day. But of course buy the ones you fully understand or companies that have products that you like
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ZeroSOFInfinity
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Aug 17 2020, 09:20 PM
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QUOTE(hs_clover @ Aug 17 2020, 09:08 PM) How is everyone tat bought mui prop? Still doing ok? Watching gold price per hour on a daily basis. And hoping the price increases high enough before selling.
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qsrt1616
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Aug 17 2020, 09:20 PM
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This month. has been such an enriching time of my life. Learnt a lot from taking huge risks. Some risks paid off. Some did not. Now I know trading goreng stocks isn't sustainable at all if you don't have 'insider' news and for us normal people, just stick to passive/long term investments. You can ignore this if you trade stocks for entertainment. Because I know people who do that. And also, as a replacement for gambling at a casino.
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ZeroSOFInfinity
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Aug 17 2020, 09:21 PM
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QUOTE(ChAOoz @ Aug 17 2020, 09:16 PM) Yeah, its actually even crazier in the US side. Compare to that our glove speculation seemed very fundamentally driven already. Anyway talking about genting, i have placed my bet with them. Good counter, beaten down but competitive advantage still in tact. Promote abit  Which one you bought? I got some today - thinking now should I go for GenM also.
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HereToLearn
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Aug 17 2020, 09:22 PM
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QUOTE(icemanfx @ Aug 17 2020, 09:15 PM) They aren't see nothing yet until forced selling of margin finance. The more retailers participation, the more speculative the counter. MY SPECULATION: Gloves, vaccine, gold, pennies (high retailer's participation) will slowly fall even though some gloves showed solid results (which is unlikely to be sustainable after few years/quarters). Because a lot of retailers' funds were involved to push the price, it is only logically for the prices to fall EVEN WITHOUT the sharks selling, when the retailers sell them to pay for loan repayment.
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ChAOoz
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Aug 17 2020, 09:24 PM
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QUOTE(ZeroSOFInfinity @ Aug 17 2020, 09:21 PM) Which one you bought? I got some today - thinking now should I go for GenM also. I focus on pure gaming, its what they do and do best. GenM
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hs_clover
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Aug 17 2020, 09:24 PM
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Getting Started

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QUOTE(HereToLearn @ Aug 17 2020, 09:17 PM) That's very unhealthy, if fcks your mental health already  Yup. So plan to cut loss soon. Ppl in this thread chasing after the high stocks must hav good mental n heart
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icemanfx
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Aug 17 2020, 09:24 PM
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QUOTE(hs_clover @ Aug 17 2020, 09:08 PM) How is everyone tat bought mui prop? Still doing ok? How many Oz/month of gold they produce? How much is the gold production cost $/Oz? How many oz estimate gold reserve in their lease?
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hs_clover
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Aug 17 2020, 09:25 PM
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Getting Started

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QUOTE(lauwenhan @ Aug 17 2020, 09:16 PM) Don't lose faith. There are 200+ trading days. No need to chase high. Opportunities are boundless in the stock market I was chasing after the high stocks as a beginner. Its a stupid move. So i plan to do it slowly now. Haven giv up to try and understand how stock works.
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hs_clover
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Aug 17 2020, 09:26 PM
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Getting Started

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QUOTE(icemanfx @ Aug 17 2020, 09:24 PM) How many Oz/month of gold they produce? How much is the gold production cost $/Oz? How many oz estimate gold reserve in their lease? No idea. Suddenly pop up from nowhere to scam ppl
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HereToLearn
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Aug 17 2020, 09:26 PM
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QUOTE(HereToLearn @ Aug 17 2020, 09:22 PM) MY SPECULATION: Gloves, vaccine, gold, pennies (high retailer's participation) will slowly fall even though some gloves showed solid results (which is unlikely to be sustainable after few years/quarters). Because a lot of retailers' funds were involved to push the price, it is only logically for the prices to fall EVEN WITHOUT the sharks selling, when the retailers sell them to pay for loan repayment. I am temporarily halting to buy any stocks even though a lot of cheap deals around, hoping that somehow retailers will throw some counters that I want (to pay loan), so I can buy them after moratorium Hope that institutional funds dont move into the sector that I am aiming too soon. Hibernation mode until Oct 31.
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qsrt1616
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Aug 17 2020, 09:27 PM
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I might be biased. But I scooped a lot of Genting shares during the March coronavirus "mini" stock market crash. A lot of DCA. Literally bought during downtrend and then bought during the momentum. For sure, next QR will be shit. Negative earnings guaranteed. So the correct play would be to enter now. And buy some more after the earnings. And long hold until the reopening of the outdoor theme park.
This post has been edited by lauwenhan: Aug 17 2020, 09:27 PM
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ComingBackSoon
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Aug 17 2020, 09:27 PM
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QUOTE(zstan @ Aug 17 2020, 07:51 PM) If that really happens we are probably dead, literally LOL syndicate whatever you call them got full time traders and funds to move markets and make Split second decisions. When to buy, when to cut lost, when to TP. most day trading retailers can never win long term. Why dead? What the hell you talking about?
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qsrt1616
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Aug 17 2020, 09:28 PM
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QUOTE(hs_clover @ Aug 17 2020, 09:25 PM) I was chasing after the high stocks as a beginner. Its a stupid move. So i plan to do it slowly now. Haven giv up to try and understand how stock works. What stocks>
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HereToLearn
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Aug 17 2020, 09:28 PM
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QUOTE(ChAOoz @ Aug 17 2020, 09:24 PM) I focus on pure gaming, its what they do and do best. GenM  GenM is good (I dont own them, not promoting, might buy later but certainly not now), once the vaccine is in production. Casinos should be able to prosper
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hs_clover
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Aug 17 2020, 09:29 PM
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Getting Started

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QUOTE(HereToLearn @ Aug 17 2020, 09:22 PM) MY SPECULATION: Gloves, vaccine, gold, pennies (high retailer's participation) will slowly fall even though some gloves showed solid results (which is unlikely to be sustainable after few years/quarters). Because a lot of retailers' funds were involved to push the price, it is only logically for the prices to fall EVEN WITHOUT the sharks selling, when the retailers sell them to pay for loan repayment. wat loan repayment?
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SGSuser
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Aug 17 2020, 09:30 PM
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gold steady steady ahh...hehe...gap up opening tomorrow?  barrick gold also high opening today
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hs_clover
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Aug 17 2020, 09:31 PM
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Getting Started

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QUOTE(lauwenhan @ Aug 17 2020, 09:28 PM) Goreng stocks i donno. Mui prop is the major loss at my side tat i gav up. Sold xox at minimal loss. And many others. Right after i bought poh kong it drops also. Haha This post has been edited by hs_clover: Aug 17 2020, 09:32 PM
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