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Where are the GENT boneheads? It is down to RM2.96 now with a trading volume three times as many as GENM's, which has only 25% die-hard shareholders, and the institutional short sellers were long gone:)
Berkshire Hathaway Inc. consistently performed well in the long run, based on fundamentals, not technical, short-term patterns. Hence, with a "proper" (no personal opinions) long view, investors have better odds!
Google AI:
"Yes, academic literature and financial research suggest that fundamentals are expected to have better odds and be more reliable for generating returns in the long run than technical patterns."
Google AI:
"No investment bank or analyst has suggested that Genting Malaysia Berhad (GENM) stock would drop to RM1.50 one year from now after the failed takeover bid. In fact, the general consensus among analysts provides an average 12-month target price well above that figure."
Google AI:
"Based on academic literature, obtaining a 'near certainty of profit' is generally not possible in stock markets, as all investments carry risk. However, it is widely supported that excluding short-term bets significantly reduces risk and improves the likelihood of achieving long-term, stable returns by focusing on fundamentals and avoiding market volatility and behavioral biases."
Interesting people here. At 235, they say too low.. Dont want to sell... Drop below 220...they say hold, got good news... Good news came out..but price didn't go above 230. They celebrate. Did they forgot about 235 offer? Very special people here....
@mk wong come on, since u so confidence on ur analysis, i dare u to short selling genm, u dare or not? instead of just talking story here, use ur action to prove it, else, u r just a "guru" who dare to talk but not dare to action
@mk wong, so just now u said u will only come back after hit below 2 right? now is still above 2, so i will expect u will sit beside and diam diam watch is it? dun come back now ar, still above 2, bye