Bad news or Good news or Old news???

Genting Singapore's Q2 disappoints as gaming revenue slows

http://sg.finance.yahoo.com/news/1-genting-singapores-q2-disappoints-111732413.html

Genting Singapore's Q2 core earnings misses expectations

http://sg.finance.yahoo.com/news/genting-singapores-q2-core-earnings-100245490.html

Comments:

The million dollar question is "Is this news already factored in the current price"?? Genting has been falling since May, June, July.....already dropped from high of $1.7 to $1.28.

On the day (1-2 weeks ago), Marina Bay Sands reported drastic drop in gaming revenue....Genting dropped from $1.28 to $1.22 with huge volume....the next day, volume dropped to a trickle...no more sellers.....then the next day went up with huge volume to $1.325.....Hence, markets participants have been warned already....so i am not surprised at all.....

However, the Big Buyers or invisible hands may take this News to push it down to accumulate more shares....i shall wait to see what they do then decide what to do. They are very patient, cunning and have lots of $$$$$$$$.

Like i mentioned earlier, $1.20 is a critical support.