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I already know it would close at 1.28 before market close.
Cos this looks like a double bottom to me - second time 1.28, which I bought following the correction.
Now share will bounce up..only i am not sure whether there is going to be a third bottom.
Hopefully not
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Considering the number of shares bought by CEO and others, the short amount is very high.
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There is definitely a short seller (s) whose price of entry was high.
Therefore determine to force the price down persistently despite facing pressure of buying
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I guess those who sold to the CEO at 1.35 can buy back at 1.33
ADS2200 ( Date: 02-Dec-2020 08:09) Posted:
oic see so it was the ceo who bought at $1.35. still the market continue to selldown and closed at $1.31.
let' s see how it perform today |
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Guess today's trading range is 1.33 bid and 1.35 sell, in millions
investor999 ( Date: 02-Dec-2020 08:01) Posted:
All those bought at 1.31 are being place at 1.34 and above to sell.
Any takers?
Enough for me
Sgvale ( Date: 02-Dec-2020 07:14) Posted:
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All those bought at 1.31 are being place at 1.34 and above to sell.
Any takers?
Enough for me
Sgvale ( Date: 02-Dec-2020 07:14) Posted:
More buyers lurking.
Rh_supersaiyan ( Date: 01-Dec-2020 18:20) Posted:
Chairman/CEO bought today again at $1.350
I believe he also sees the value at current price |
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The price of gloves may be lower but the demand more than compensate and earnings will be higher
investor999 ( Date: 02-Dec-2020 07:24) Posted:
Should be making the first wave up slowly now
Sgvale ( Date: 02-Dec-2020 07:14) Posted:
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Should be making the first wave up slowly now
Sgvale ( Date: 02-Dec-2020 07:14) Posted:
More buyers lurking.
Rh_supersaiyan ( Date: 01-Dec-2020 18:20) Posted:
Chairman/CEO bought today again at $1.350
I believe he also sees the value at current price |
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Must hold now..No point taking profits and buy higher later.
Should be $5 next week
trademaster ( Date: 02-Dec-2020 02:07) Posted:
Moderna seeking approval for use of its Covid-19 vaccine in Singapore
https://www.businesstimes.com.sg/government-economy/moderna-seeking-approval-for-use-of-its-covid-19-vaccine-in-singapore
trademaster ( Date: 01-Dec-2020 23:06) Posted:
| good news...tmr sia should gap up |
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Actually there is nothing wrong with these falls. They are just consolidation of the very big wave from the bottom.
The end of the wave is always the toughest as you never know when is the reversal.
Do you know that it took 2 months for SIA to reverse. I went through three bottoms from August till October.
Now this Riverstone consolidating is only 1 month
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Looks like it was a wise decision to have bought yesterday afternoon.
I agree that we should be going up.
Anyway if it goes back to 4.31 at close I have somemore bullets to cheong it at the close.
trademaster ( Date: 01-Dec-2020 10:47) Posted:
Should retest 460 again
trademaster ( Date: 01-Dec-2020 09:49) Posted:
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I have decided to buy today afternoon as I think there are short covering coming next two days.
Today's fall is only profit taking for those who can't hold and who will have margin calls.
Situation should be clearer tomorrow.
If goes to 4.20 I will accumulate again
Sparrow999 ( Date: 30-Nov-2020 17:22) Posted:
Close at $4.34. I am correct again. I predicted Lowest it can go today is $4.30
Sparrow999 ( Date: 30-Nov-2020 12:27) Posted:
| From what i see, the lowest point is $4.30. BB won' t let their millions dollar push fall so low |
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Last day of month, happened last month too.
Stocks dropped alot.
Maybe each funds trying to square off everything.
Good opportunity to pick up
Isolator ( Date: 30-Nov-2020 15:20) Posted:
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I pulled my buy orders.
Not good
trademaster ( Date: 30-Nov-2020 12:51) Posted:
saw some outflow of funds these 2 days...not surprised they flushed lower again
Sparrow999 ( Date: 30-Nov-2020 12:27) Posted:
| From what i see, the lowest point is $4.30. BB won' t let their millions dollar push fall so low |
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Actually I am not sure cos I did not own this share before split. I am only looking at market to come to this guess.
Have to consider volume too
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This is why I diversify to a glove company for hedging.
If SIA falls, gloves rises.
I have been calling people here to buy Riverstone and I maintain my buy call.
Riverstone is bottomed at 1.35 and is a good entry anything up to 1.41
So if SIA falls below 4.28 I buy. If Riverstone falls below 1.41 I buy too
WhereI ( Date: 29-Nov-2020 23:54) Posted:
Unless Covid worsens
investor999 ( Date: 29-Nov-2020 23:50) Posted:
| My highest price bought was $6.66 before split.
Even considering all I bought before split, my average price bought was $6.20.
And these were after SIA was already heavily shorted.
My average price highest were equivalent to $4.28 post split.
There is no reason for anyone who owns SIA shares pre split to sell anymore.
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Considering price bought at higher levels, the average cost of ownership would have been around current price.
There is a underlying strong support at 1.35
These would be $2.70 before split, which I think is about the average cost of ownership.
Without considering the dividends, price at current level is already bottomed.
We are expecting good dividends and this will be the reason for rise from here.
WhereI ( Date: 29-Nov-2020 22:04) Posted:
Yes. But this is no laggard.
investor999 ( Date: 29-Nov-2020 22:02) Posted:
| If the general market is moving up, there will come a time laggards will move.
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My highest price bought was $6.66 before split.
Even considering all I bought before split, my average price bought was $6.20.
And these were after SIA was already heavily shorted.
My average price highest were equivalent to $4.28 post split.
There is no reason for anyone who owns SIA shares pre split to sell anymore.
WiseInvestor ( Date: 29-Nov-2020 23:37) Posted:
| I believe there is a strong fundamentals of this SIA stock, not this SIA company where SIA' s bad performance is most likely till 2022, which can easily spike to $5 over short term.That Sparrow999 predicted may be right! Recently I have checked trading data of this stock, especially very heavy short positions volume. |
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If the general market is moving up, there will come a time laggards will move.
WhereI ( Date: 29-Nov-2020 20:11) Posted:
Investor999,
you come from SIA to chiong here. This is not SIA. Dun forget this basic fact. This counter moves in opposite direction to sIA.
investor999 ( Date: 29-Nov-2020 19:16) Posted:
| Some banks have removed the LTV for this counter..It is now non marginable
This may explain why the fall had been continuous.
Banks cannot put a value when the stock split and went down and down.
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Some banks have removed the LTV for this counter..It is now non marginable
This may explain why the fall had been continuous.
Banks cannot put a value when the stock split and went down and down.
investor999 ( Date: 29-Nov-2020 16:30) Posted:
Dear holders:
I see a reversal..with many small inverted hammers.
Monday Cheong ah
n3wbie ( Date: 27-Nov-2020 23:02) Posted:
| With the market sentiment buoyed by vaccine and potentially with more in the pipeline, investors are pricing the recovery of the market arguably at the expense of these glove beneficiaries. Also, market is looking ahead, probably > 4 quarters out as it is already expected that glove manufacturers will continue to ride the macro tailwinds into FY21. Once the rotation takes place, we may see these in favour again as end of the day, strong financial performance will interest investors. |
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