Resorts can't break RM2.30. Been trying to break for twice since early March.
Hope it won't break else i will be sad of missing this bull..hehe
Let it drop to my price. I upgrade abit to RM2.10 instead of RM2..haha

Resort not much moving this morning.

Ended at par at noon break. Hmm.. was thinking it may reach @ 2.30 today.

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Added on April 3, 2009, 2:40 pm
Come on Resorts. Climb 7 ladders and reach @ 2.30 today. You can do it.

This post has been edited by Freelancer: Apr 3 2009, 02:40 PM

Closed for the week at RM2.23. At par.
Obviously very strong resistance at RM2.30.
Let see how well of its performance next week.

Resorts managed to breach 2.30 today but briefly and fell back to 2.27.

Way below the strong performance shown by Genting.

Resorts may reach roof already. Strong resistance at RM2.31
Better take half profits before it *poof* gone.

DOW futures -102. DOW rally maybe stop and going for retracement

I still think Resorts can perform better than this and 2.31 is not "roof" yet.

I don't have anymore Resorts but I do have some of its warrant left.

Yesterday, I unloaded 600K units of CH @ 0.030.

It is a strong resistance line, which is its 100 days moving average if not mistaken. Feel free to correct me on this. I don't have TA chart at the moment.

Yup..SMA100 in daily chart. Doji formed today.
If tonite DOW close RED, tommorrow bar will be long black candle. Confirm reversal are forming..
More black candle to come.



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Unloaded some RESORT at 2.23 two days ago and 2.30 today. Feel like maybe its going on downtrend again. If it goes below 2.00, will buy again

TA, it is still bearish.

I feel like unloading mine too but after seeing what happened to GENTING, decided to hold on...... difficult... difficult....

Always tell myself that RESORT is NOT for goreng....

That sounds interesting.

So long you do not hold shares for long term by accident.

I think it is quite safe. Worry more on those you have accidentally purchased.

At the moment, this counter is mainly for long-term investment. Just that the price is so volatile that I was thinking of unloading it and buying at a lower price. My ABP is RM2.24..... Just that I'm afraid that when I unload, the price rallies.... like what happened to GENTING.... I'm not worried about holding it, just worried about being left behind....

Then again, these counters really eat up my capital. Imaging if a person hold 1000 shares equivalent to RM2250. Even if it reaches RM2.50 per share, you only get RM250 capital appreciation...... and it is said that RESORT doesn't give good dividends either....

Anyway, might just unload this counter if my hands gets too itchy..... buy penny stocks with good track records.....

If sell then use the money to buy goreng penny stocks and burned, then if you look back, you shouldn't sell it at all.

Penny stock seldom got very good track record, as if they are good, they won't be penny in the first place, unless some special circumstance. (still got exception, not against penny stocks, but must choose wisely on penny stock).

Set a floor price to protect your profit if you scare the profit running away.

Resort dividend yield current comparable to FD rate, finally. (Not because dividend going up, but FD rate going down. )

I didn't unload all. My ABP was around 2.161 & after last unloading, ABP goes to 2.01. Again I see that RESORT fluctuates quite a bit. Its one counter which I try to get "familiar" with and also ability to withstand "accidental" buying

Anyway, I m still new in all of this and almost ultra-conservative in my investments.
Still learning the ropes of trade. If get burnt, then lesson learnt.

Doubt so it'll ever drop back to RM2, the PE ratio will only be around the same the time there was SARS at RM2.60.

I have no doubt that RESORT will go up in the future so I'm not too concern about losses or gains for this particular counter at the moment.

Good point there! I'll just keep it as it's dividend is as good as FD!!!

Yes, Resort is good for long term investment. Genting also the same.

This 2 sibeh kiam siap mostly capital gain