Wednesday, October 7, 2009

Portfolio Analysis - Genting

Following is analysis on Genting on 7 Oct 09.


Intraday Analysis

Looks like there is 3 different group of major buying at 1.08, 1.09 & 1.10.

After 4.30pm, big buyers started coming in and up the price from 1.08 to 1.10!

Coincidentally, I saw some price manipulation yesterday too!

My guess is Genting need to maintain the good price till the end of Rights Issue date (12 Oct 09).

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