Brother, what are you doing with your Genting SP?

Written on March 2, 2010 – 10:55 am | by Kampung Boy |

One of my friends called me asking me, what happen to Genting SP? He also asked me whether i have sold any of my Genting SP shares? I guess he is quite worried with the current price drop of Genting SP! From $1.30 high to around $0.90..

Reasons why Genting SP is falling

I have written a short post on the reasons why Genting SP is falling.

What will i do with my Genting SP shares?

I will hug it tight tight and won’t let it go. Maybe i will lower down my target price of $2 and above to $1.50 but all this depends. I won’t sell now.

Will i buy in more Genting SP shares?

Yes i will. Definately. I will be crazy to buy at $1.10+ and not buy it at current price. Shall wait and see first but will try my best to get more as bullets are running low.

Short term pain but long term gain

I am confident that long term Genting SP won’t disappoint but short term might not be convincing. I wouldn’t mind short term pain but i am looking forward to Genting SP’s long term gain.

How low can Genting SP go?

I can’t answer this question as i am not GOD.

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  1. 2 Responses to “Brother, what are you doing with your Genting SP?”

  2. By jasonhor on Mar 2, 2010 | Reply

    ya same here~keep longer better. it will become blue chip one day i believe.

    btw, wat is your average price?

  3. By Kampung Boy on Mar 5, 2010 | Reply

    @jasonhor : My average is $0.842! :) How about yours?

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