Genting Intl right issue

Those chasing hot stock should beware. The pattern is too common already. First, some news being released cause sharp run up of share price. The next moment, company announce share placement to raise more money. Many has done that to raise capital for growth or to prepare the tough time ahead.

Genting has debts to fund the expansion and new casino, but the cash hasn't roll in yet. In the analyst forecast, there are just too many assumption which when things go wrong, the share price could see sharp correction. But, human is animal of hope, only story could get people excited.