My student traded 50 lots of Genting last Friday after the good news was released. The earning results was good and the price maintained strong even though it gap up.
https://www.theedgesingapore.com/genting-singapore-posts-20-rise-1q-earnings-2172-mil-focus-affluent
https://www.theedgesingapore.com/bets-are-genting-singapore-robust-outlook
The problem with this counter is it's usually slow and not moving with stacks and stacks of sellers waiting to unload. This morning, the stock ran further but the price jammed a little and that's where he unloaded for some good scalping profits within 1 Contra day. I am not a Genting fan but still he managed to get the job done. I decided that I will be doing a sharing on next Tuesday May 22nd, on the investment strategies on stock, so for those who are interested can register below.
Ronald K - Market Psychologist - A Stock Market Opportunist
