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Latest Posts By investor999 - Elite      About investor999
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06-Feb-2022 05:41 Trading Techniques   /   The Trading Floor       Go to Message
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I respect your view Bro. Certainly learned alot from your posts..I still mentioned you in my posts.

Riverstone? Yes you are right. Bottom was done and no cheers, only sad stories..And now the people are gradually selling to get out. The same is happening to Top Glove.
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05-Feb-2022 19:57 Trading Techniques   /   The Trading Floor       Go to Message
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I suggest you look at Top glove. Should be reversing.

wavehunter      ( Date: 05-Feb-2022 12:27) Posted:

How did you guys do?
This whole week, I made peanuts.
But looking at the bright side - at least I didnt lose money.
Futures is (for me) difficult to trade due to its lack of a clear trend.
This fellow suka suka boh kau boh tai just change direction at random one.
Whether LONG or SHORT, if you did not take profits, the next whipsaw will erase your profits and make you a stuckist.
I think what is happening in the market now is people are posturing for pole positions macam like in F1 race lidat.
Those who were scared of bearbear and wanted to sell to raise cash have already done so during the recent selldown to the 3800-mark.
And becoz of lack of clarity from Powell on when rate hike will start and by how many bps whether 0.25% or 0.5%, bulls are also sidelined
and understandably so. Hence we also wont see a rally back to the Last High. So for me, I think the market is at a phase where those who
wish to unload have done so and those waiting to buy are not buying. What' s left are only short term traders doing all the buying and shorting
to scalp the market for bread crumbs. Hence, the market is a playground for the Pusher and for people like Bro Luzern and the likes. The chart
which I posted below shows my view of what I think the trading range is for next week until we get an overshoot on the upside or downside.
Happy trading, guys. 

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05-Feb-2022 14:12 Riverstone   /   Riverstone go go go!       Go to Message
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My own workings come to the same target price as UOB KayHian - 0.82
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28-Jan-2022 17:43 Riverstone   /   Riverstone go go go!       Go to Message
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Up and down win 1 cent where got fun(d)

Consistent effort carried out to bring down RS. I am sure all can see

 

marco69      ( Date: 27-Jan-2022 18:33) Posted:

Volume had been low for the pass few weeks. Good sign as it reduce volatility.
Current market towards selling n shorting. Many high profile stocks plunge and could go further down.

At the moment not much interest in glove stocks. Look at the bright side at least u don't see ppe stocks drop much together with those other stocks.

Same old drop tooth story, don't contra or leverage. If long hold for longer period to see possible gain n don't be too greedy.

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28-Jan-2022 16:56 SIA   /   SIA revived       Go to Message
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Hold tight. I think we are close to a break out ( up ! )

erhaier      ( Date: 20-Jan-2022 09:47) Posted:

still following your WEF master agenda obediently & shut off the substantial global unvacinnated customer base when UK has already signal the end of all restrcitions, including covid passport...? 

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27-Jan-2022 17:09 Riverstone   /   Riverstone go go go!       Go to Message
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That is the spirit ! I cannot understand why people kept selling. You see the short sellers fed the players with stocks and when they know you are overfed they come and slaughter.
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25-Jan-2022 22:08 Riverstone   /   Riverstone go go go!       Go to Message
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I was wondering why EPF kept trading. Then it just so simple They pledge their billions of shares for funds. So much so they had to dump Riverstone and now holding dear life with Top Glove

beng1102      ( Date: 25-Jan-2022 21:40) Posted:

Without big seller like EPF, shortist has no chance.

marco69      ( Date: 25-Jan-2022 17:49) Posted:

More like morning they short due to overall sentiment affected by US correction. Especially a - 1000pt last night. Becos RS volume they few week had been low, the shortist don't get any meat becos no one want to take over. Thus the end of the day buy back.
Morning bought n able to earn a 2c profit.... Not bad for just a day.


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23-Jan-2022 08:06 Riverstone   /   Riverstone go go go!       Go to Message
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Sentiment is down. That is why the fall.

Quite unexpected actually to fall almost back to previous low..Must take into consideration Mr Wong 's purchases.

I think Mr Wong will buy again.
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20-Jan-2022 09:58 Riverstone   /   Riverstone go go go!       Go to Message
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Yes you are right.

People cannot just keep buying and buying.

I hope this last correction has taught us a lesson of not blindly following the buy signals without taking care what if the reverse happens.
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19-Jan-2022 19:57 Riverstone   /   Riverstone go go go!       Go to Message
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Riverstone is easier to see than Top Glove as there are fewer major players.

Mr Wong' s recent purchases have an average price of 0.67

Today RS fell to 0.69, quite close to Mr Wong' s average price of 0.67

This means if the people who had been buying on the cue from Mr Wong, they would have sold most of the recently bought shares, since there will be some who are holding, not selling.

I dare say today was a good buying opportunity. Tomorrow also another good opportunity.

Even if RS end this week on the low, there is a high chance it will bounce up next week.

 
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19-Jan-2022 19:23 Riverstone   /   Riverstone go go go!       Go to Message
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I think you have been fooled.

Short sellers don' t plunge the shares like that. They sell small lots.

Whereas the trading this afternoon seems like true selling . Some people got tiggered and cut loss. I hope you are not the one

RichardTeo      ( Date: 19-Jan-2022 15:37) Posted:

--- Post Removed by User ---

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19-Jan-2022 13:35 Riverstone   /   Riverstone go go go!       Go to Message
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someone just got triggered to sell. 

I think this might be the last straw for sellers
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18-Jan-2022 23:54 SIA   /   SIA revived       Go to Message
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More loan does not mean more debt
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18-Jan-2022 16:02 Riverstone   /   Riverstone go go go!       Go to Message
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Sometimes they buy up to cover shorts and then Q to sell same price for you to buy.
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18-Jan-2022 15:59 Riverstone   /   Riverstone go go go!       Go to Message
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The way they sell is very obvious. The short sellers let you buy up then place a lower price for you to buy. The buy Q are short sellers who once received a trade will cover short or place on sell Q. End of day they might just dump what they collected from Buy Q to sell down. The aim is always to sell down and Q just above for buyers to buy

ksangks      ( Date: 18-Jan-2022 15:55) Posted:

Dont sell , buy if have money .  But how to know it is short selllers who are selling?

investor999      ( Date: 18-Jan-2022 15:53) Posted:

To all glove stock holders. I am sure by now you would have noticed there is persistent short sellers. Someone has been shorting and creating a downtrend. Wavehunter bro says there will be a 10% correction. Beware


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18-Jan-2022 15:53 Riverstone   /   Riverstone go go go!       Go to Message
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To all glove stock holders. I am sure by now you would have noticed there is persistent short sellers. Someone has been shorting and creating a downtrend. Wavehunter bro says there will be a 10% correction. Beware
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17-Jan-2022 13:16 Riverstone   /   Riverstone go go go!       Go to Message
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If our brokers have a program to keep track of their own stocks of shares, any buying and selling will be amalgamated. Some people might have sold earlier and they brokers have shares to sell.
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17-Jan-2022 12:57 Riverstone   /   Riverstone go go go!       Go to Message
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There seems to be a programmed selling. Don't know why

Longtermer      ( Date: 17-Jan-2022 11:52) Posted:

Investors and analysts have discounted RS too much.  Results and dividend announcement next month will be outstanding and surprise many ppl. 
CEO has hinted by buying with own money. Dyodd.
 

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11-Jan-2022 07:45 Riverstone   /   Riverstone go go go!       Go to Message
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Another observation which is obvious to all is you will keep winning if you buy the dips and sell the high. So buy low and then sell high is making money over and over again.

stanip      ( Date: 10-Jan-2022 20:20) Posted:

Good observation...

investor999      ( Date: 10-Jan-2022 19:20) Posted:

If you realise, short sellers have been making money over and over again by selling in the morning and buying back near or at closing.

Suddenly they cannot buy back cheaper and hence all quickly cover shorts.

They will not stop. Will continue to do the same way short sell again.

 


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11-Jan-2022 07:42 Trading Techniques   /   The Trading Floor       Go to Message
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I will looking at buying cash rich low geared stocks instead of playing with induces.
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