Wednesday, May 29, 2019

Genting SP - Confirms Bid on Osaka IR





Genting SP started to turn a little the past 2-3 days and while the market can't move, this counter moved a little. The news came out last week and apparently they confirmed their bids on the Osaka IR and they might have a chance of winning the project. I think it's a stock to watch out for now since there is a story and catalyst for the stock to have hope for and price moved a little. However, I would also be cautious trading this counter should Genting not win the project and everything starts to fumble again.

https://www.asgam.com/index.php/2019/05/24/genting-singapore-confirms-osaka-ir-bid/

Ronald K - Market Psychologist - A Stock Market Opportunist