Always MUST REMEMBER !! HIGH P/E RATIO COUNTER DOESNT MEAN THE COUNTER Is Overvalue AND NOT WORTH TO BUY !!IT MAY GROWTH STRONGER IN THE FUTURE !!! GENS FORMED A BULLISH INVERTED HAMMERED TODAY !! Hope Is a Good Sign to Rebound soon !!! When the price shooting up to $1.30 ~ Some noises will write "The Counter Is In Uptrending" !!BUT...IS TOO LATE TO COLLECT...
I no comment for golden agri ~ But My friend told me ~ It is good to collect Noble Group ~! But myself love to invest GENTING SHARES !! EVEN I STILL HOLDING GENM AND GENTING FOR LONGER TERM !! And Include GENS too!! Cheers !! :)
Hello, guys! It is back to $1.22.. Am I missing something? It started to plunge in May '12 and then it continued to drop.. It has its chance to move up in Aug '12, but went down again in Oct '12. It seems BB do not like this stock...
Wait for MACD vs price divergence. MACD is still making new lows implying that bearish momentum is still present. When MACD is making new lows while the price movement is making a higher low, this contradiction between price and indicator is a good signal for a change in momentum :)
technically waiting for MACD/price divergence. But fundamentally any catalyst in the short term? LVS just declared special dividend but this pathetic GENS still hovering at multi-year low... Keep waiting and pray for catalyst
Aiklong... You are right! End of the year, Thanksgiving over and comes Christmas and New Year coming.. LVS has already started giving incentive, but GENS still no good news! Western is celebrating. I think maybe we need to wait till Lunar New Year. Hopefully GENS can distribute Red Packet! Asian culture???
its been quiet for sometime, Sand China been rally so high and i believe the fund was switching to GENSP which been laggard for sometime so get ready for CNY rally ... hmmm looks like the game just begin ^^ ..good luck !
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
benson911
46 posts
Posted by benson911 > 2012-11-15 17:51 | Report Abuse
Kl VIn,my average price rather high, quit scare to top up also, dont u think P/E is rather high for this counter?