Genting shares good to play

Since Feb this year,have been speculating on Genting (S). Made a couple of times going in and out of the market.
Currently holding 50 lots at $1.53 a piece. Went up to $1.62 but when the results were announced it plummeted to $1.38. I am biting the bullet because I did not sell when it went up. So still holding but got a one cent dividend which amouted to $500. Today it closed at around $1.52.

Sold my Genting S but bought back.

Yes I have sold my Genting at $1.60 which I bought at $1.45. Profit for 1 share is about 14 cents. In total I had 30,000 shares and sold them all,netting slightly over 4k.
Believe it or not, I went in again these last 2 days,picking up 40,000 shares at the average price of $1.525.
Will wait till it goes up to $1.60 again and then I will sell all. I estimate at $1.60 I will make a profit of about $2,400.

Stock Market is up beginning of 2013

Actually I couldn't care a damn about the market indices as long as my shares are up in value. Genting S is still struggling at $1.475 as it was 7 months ago but SIA fare a little better at $10.99 now.
Anyway, I bought 15,000 Genting shares at $1.23 towards the end of 2012 and sold them this January at $1.32,netting me slightly more than 1k.
I bought the same shares again at $1.45 3 days ago and it is now trading at $1.475 and $1.48. To sell or not?? Cos if I don't I would have to pay up by tomorrow.

Sickly market

SIA is $10.24 and Genting (S) is $1.47.....so very pathetic!

The Dragon year sucks!

The Dragon year sucks,at least for now. The stock market really takes a severe beating day in and day out. Believe it or not SIA is now just above the $10 mark and DBS is below $13. All this is happening because of the Euro crisis as well as the high jobless rate in USA. The market is sickly and we might as well forget about it for a while.

Dragon year should be good for the market.

Today, 25 Jan 2012 the 3rd day of CNY started with a bang for the S'pore stock market. By 3:45pm, the index is up by 34 pts. SIA is on the upward trend to $10.96 up 17 cts from last Friday closing. So is DBS,Genting (S), NOL and others.
The market has been real sick the whole of last year but it looks promising this year. Remember the saying "what goes down must come up ?"  Well now we hope it will climp up up and away.

Wah most of the shares' prices are very low.

If you don't want to buy shares now then when will it a good time to buy?  People are funny cos they will follow the herd instinct and keep buying when the shares are going up like crazy. Don't do that ok!  Buy when the market is down like now but must prepared to keep them for the medium to long term. Then when the market turns around  which it will, you off loaded your shares, take profit and wait for the bear to come in again.
On my advice, one of friends bought SIA yesterday when it was trading at $11.08 to $11.36. He grabbed 4,000 at $11.09. Today SIA shares closed at $11.20 and so it is near break even point (Online trading commission is a fraction of what you would pay if you traded through your remisser).
Btw SIA is paying a dividends of 10 cents for each share on 2 December 2011. It's not much cos the profit is down last quarter.