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To all RS shareholders:
I know why you were forced sold.
The price has not moved much yet.
It is still time to pick up the pieces.
It is tough but your persistence will pay off.
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Wavehunter and Luzern:
Monkey got caught and screaming and jumping.
Joint the fun now at Riverstone.
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All those who cut lost and lost big time better buy back now.
Otherwise your loses only go to shortists pockets. They are trying to buy back only but the market is ruthless.
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I don't want to buy. You buy please 🙏
des_khor ( Date: 26-Nov-2021 12:12) Posted:
Better faster buy up let the short cover at higher price .
investor999 ( Date: 26-Nov-2021 11:57) Posted:
| Because there is someone shorting and covering shorts slowly |
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Because there is someone shorting and covering shorts slowly.
des_khor ( Date: 26-Nov-2021 11:55) Posted:
| Lagging compare to other gloves |
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Wavehunter Bro still call it down trend lah.
He is waiting for the big monkey who turned out to be the big shortist.
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I am the stupid one who averaged all the way down from 1.50 to 0.69
Wavehunter was laughing all the time. I had to kow tow
PhillipTan ( Date: 26-Nov-2021 11:32) Posted:
Personally I am still stuck here, my first batch is $1.51
Wanted to buy at $1.2-$1.3 range, but I held back
Bought again at 0.885 and 0.695 recently
Personally, I am expecting this counter to trade around 80-85 cents once all this negativity and shorting dies down
Or even above 85 cents when economy becomes better
But I could be biased as I am invested
DYODD though |
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Now they selling down
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They have made alot of money selling on rebound.
I am sure the Anus are still selling
Longtermer ( Date: 26-Nov-2021 10:56) Posted:
So far these analysts always behind the curve..
Or with agenda imo.
They follow price to value stocks.. LOL
yumsang ( Date: 26-Nov-2021 10:47) Posted:
| https://www.businesstimes.com.sg/companies-markets/uobkh-sees-further-downside-risks-to-malaysian-glove-sector-maintains-underweight |
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I am sure many already but lost.
I guess it is timing was not right until now
TikTalk ( Date: 26-Nov-2021 11:07) Posted:
Anyone punt for a bounce? |
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Wavehunter saw it..I believe his good intention.
It is the Market that short sell itself.
Take for example UOBKAYHIAN who was bullish on Top Glove bought and cut loss.and double down and call underweight..Called Riverstone CFD trading buy and also double down.
When the BB cut loss and short sell to recover losses they can be very aggressive as they have to make up their losses by predating on retail players.
vix787 ( Date: 25-Nov-2021 20:33) Posted:
If u come to think of it. If assume wavehunter is with a group that short RS, many things make sense. Timing wise. They did not convince anyone here to sell on rebound, it a long shot anyway. Only a couple of gullible one will take it.
What's collapse the share price is the EPF selling. Looks like EPF selling based on political direction so even at lose, they will just follow instruction to get funds to support their scheme.
Shortist just ride along the EPF selling and let someone constant writing something long-winded to complement their movement.....
investor999 ( Date: 25-Nov-2021 20:23) Posted:
| Ha Ha. I am quite stupid one. Learning from Sif |
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Ha Ha. I am quite stupid one. Learning from Sifu
vix787 ( Date: 25-Nov-2021 20:19) Posted:
Don't think any shareholders with significant amount of shares will get psycho just by anyone from a forum.
If u do, u most probably a new investor who invest small, if u not. God bless u becos u don't realise u have the wrong mentality in investing...
investor999 ( Date: 25-Nov-2021 20:13) Posted:
| Whatever people post. Sometimes with so much posts, we forget the basic simple logic.
That is: as along as we can hold the shares no matter how low it goes, it will sure rebound.
We are almost psychoed to think share price will keep suppressed for long time.
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Whatever people post. Sometimes with so much posts, we forget the basic simple logic.
That is: as along as we can hold the shares no matter how low it goes, it will sure rebound.
We are almost psychoed to think share price will keep suppressed for long time.
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Be sure all to hold tight whatever shares you have.
Don't listen to the sell on rebound advices.
They have outstanding shorts at high levels and are advising you to sell down.
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Someone said Riverstone is not shortable wef 24 Nov.
Borrowing margin is 200%
I think too much shorts utilised therefore short volume decrease
Traveler ( Date: 25-Nov-2021 18:55) Posted:
| Interesting --> The short sale volume today is only 61,900 shares. Total volume traded is 3.02 million shares. |
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One thing for sure.
Glove counters have absolutely lost investors confidence.
So much so that people just come in for quick short gain.
The worse is people selling down on each other ownself kill ownself see who kill themselves last
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Yes you are right. Have to wait till end of day.
Only when it closes up can we say possible bottom has reached.
Even then whether it plunge down again next few days is another possibility.
We have people selling and cut loss and giving up and people hold on with much difficulties.
This is the stock market where it responds to composite of all the emotions.
The worse thing is some players are capitaling on other players by cutting loss and short down.
This is very bad if the big players are doing.
Midtermer ( Date: 24-Nov-2021 09:45) Posted:
I feel u bro, hopefully today is a meaningful reversal and not just another short covering. We will know in the afternoon. Cheers.
investor999 ( Date: 24-Nov-2021 09:31) Posted:
| I have learned from glove stocks not to fight with the market.
When I learned to let go ( painful lessons indeed ) instead of averaging down, is when the market stop falling.
Whether go up or not depends on the market.
Let go |
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I have learned from glove stocks not to fight with the market.
When I learned to let go ( painful lessons indeed ) instead of averaging down, is when the market stop falling.
Whether go up or not depends on the market.
Let go
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Let him short until cow come home
wavehunter ( Date: 18-Nov-2021 13:28) Posted:
But there is a small chimp there and he is having a jolly good time making money from the SHORT side.
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Not a good sign.
He still dont want to Suak. 
investor999 ( Date: 18-Nov-2021 13:18) Posted:
| Now we know the reason why RS fell so much despite strong support at TG.
Finally one BB has sold its 4 million shares and ceased to be a major holder.
Is this bad?
I look at it another way.
The sell down had largely been from EPF.
I don't think there are any BB left.
As wavehunter had rightly pointed out. BB are out.
So the major shareholders are retail players.
This may be good as retail players tend to buy and hold |
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Wavehunter Bro:
The chimp may want to play up again.
I don't want to play now.
No fun(d)
wavehunter ( Date: 18-Nov-2021 09:38) Posted:
Bro investor,
Like I said, when the small chimp is done playing the range at 0.79 to 0.83, he will without prior notice shift his goalpost and his
playground down to a lower playing field where he will repeat the PUMP & DUMP routine all over again. I hope you managed to
sell those lots which you wanted to sell before the shifting of his playground.
New Low at 0.74. For now.
We see whether the small chimp has set up camp here.
If so, he will now play at this lower playing field. Maybe from 0.74 to 0.79 ? I dunno.
We wait for him to tell us.
If 0.74 is not his new base camp, then brace for more downside below 0.74.
The bounce from 0.74 to 0.755 could also be the small chimp taking interim profits before he hit the road again to resume the shift to lower.
Only he knows. Whatever we think is only our guess. Nothing more. Take care.
wavehunter ( Date: 16-Nov-2021 14:42) Posted:
Th current trading range as dictated by the small chimp is 0,79 to 0.83. This is his playground. For now.
For as long as he wants to continue to play in this playground and he wants to take the price to 0.825/0.83 or higher,
those who managed to buy at/near the bottom of the playground will get a small window to take profits.
But one fine day when the small chimp, without prior notice, decides to shift his goalpost and take the trading range
to a lower level, those who bought and didnt sell or didnt get a window to sell, will become stuck.
So take care and make hay while the sun shines.
Before you step into this playground, always look left and right and also check on top and below before you cross the road.
Or you will easily teok langah until beh jin chu.
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