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Actually I don't really care about this stock anymore.
Just keep aside and play Top Glove
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Good sign.
SIA is moving up.
Shall see $5.50 soon
TA_Expert ( Date: 24-Mar-2022 20:59) Posted:
Why worried about oil price?
The pending demand is so huge that it can cover the extra cost of oil.
Due to the panademic, many people have defered their traveling plans. With the world opening up, people have started pouring in to Singapore, vice versa for Singkies rushing out to overseas.
We will see SIA at $8 by year end. |
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So sell all the glove counters because they are not going to make money.
Then you might as well close you books here. Don' t kachiao lah
RichardTeo ( Date: 23-Mar-2022 13:39) Posted:
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You sell lah
Shout so much for what
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Think of it.
Last 2 years this share was trading between 1.06 to 1.58
The tremendous trading history is repeating but on the reverse.
Like watching a movie play backwards.
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This rise has nothing to do with the outbreak.
We have had outbreaks over and over for past 3 years.
This rise is Market realising its earlier mistake and returning to the fair value.
We are still unsure where this fair value is.
My guess is $1.33
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You have to be patient.Top Glove will rise and even better than Riverstone
oli007 ( Date: 16-Mar-2022 12:04) Posted:
really regret ave down TG when should have bought more RS. TG like not moving at all
Contratrader ( Date: 16-Mar-2022 12:02) Posted:
| Used to lag behind Top Glove...now become the dragon head... |
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Both ..pump and take profit and keep some for dividends
Midtermer ( Date: 16-Mar-2022 10:38) Posted:
ya the second dividend for sure is a huge carrot but I still feel it's too early for dividend play. Either a pump and dump for now or really funds are buying into this to keep for dividends. I'm more inclined to believe the latter.
investor999 ( Date: 16-Mar-2022 10:25) Posted:
Depends on how many people sold and willing to buy back.
They gained first dividend and lose the second dividend |
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Even at current price. Many people who own Riverstone so long have lost money.
It is like cut loss and see the shares going higher.
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Depends on how many people sold and willing to buy back.
They gained first dividend and lose the second dividend.
Midtermer ( Date: 16-Mar-2022 10:20) Posted:
Can't wait to see closing. If we can break a dollar, may close green.
investor999 ( Date: 16-Mar-2022 10:18) Posted:
| Yes once they buy up, they take profit rapidly.
Today will close lower |
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Yes once they buy up, they take profit rapidly.
Today will close lower.
eric998 ( Date: 16-Mar-2022 10:17) Posted:
| BBs will Do the reverse, buy below $1 and sell above $1. |
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Be careful they may do like yesterday.
Push up and plunge down at closing
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Maybe due to price trigger in CFD trading. If this is true, then it was probably technical as some people trigger sell at certain bids below purchase price.
Then today is a good opportunity to buy as the price will rise back uop quicky to yesterday' s level
PhillipTan ( Date: 15-Mar-2022 22:29) Posted:
Maybe busy, missed the timing
Maybe when it was higher, thinking it will go further up
Then queue higher but it started dropping, and when it drop, queue a bit lower, but then drop again, end up selling much lower when finally gave up queuing
Maybe watching the charts, want to sell only when there is a clear reversal
Too many maybes, don' t need to wonder lol
aspasp ( Date: 15-Mar-2022 18:52) Posted:
| Why need to sell at 0.94 when they can sell at . 975 .. 97 .96 .? |
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See that Riverstone is Not going down despite heavy selling.
There is more coming..I think it will rise above $1.
investor999 ( Date: 15-Mar-2022 11:05) Posted:
To understand why Riverstone went up we need to look back.
It was sold down as ASP went down with gloves. RS surprised everyone by having increased earnings. That made people realise all the selling down were wrong..In other words Market was saying the earnings would drop but RS showed the opposite.
The rise in price now is basically returning to normal trading price range which was $1.06 to $1.58
Therefore there is a good chance Riverstone will rise above $1.06 |
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To understand why Riverstone went up we need to look back.
It was sold down as ASP went down with gloves. RS surprised everyone by having increased earnings. That made people realise all the selling down were wrong..In other words Market was saying the earnings would drop but RS showed the opposite.
The rise in price now is basically returning to normal trading price range which was $1.06 to $1.58
Therefore there is a good chance Riverstone will rise above $1.06
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Riverstone has gone up so much. I think it is pausing to consolidate.
The shortists are trying to cover shorts. Some might pay up to hold the short position which I think is not wise.
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Yes I already added Raffles Medical. This one is slow but stable.
Top Glove is oversold.
I am encouraging everyone to buy Top Glove.
Riverstone is already up. Hard to predict the forward prices
halleluyah ( Date: 15-Mar-2022 09:57) Posted:
bro investor, am adding raf med.....ovesold....div 0.028 coming vry soon....gd cash flow....are u in??
investor999 ( Date: 15-Mar-2022 07:47) Posted:
| Wavehunter Bro:
You missed out Riverstone.
I don't want you to miss out Top Glove.
I believe it will rise alo |
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Wavehunter Bro:
You missed out Riverstone.
I don't want you to miss out Top Glove.
I believe it will rise alot
investor999 ( Date: 05-Mar-2022 22:43) Posted:
Thanks Wavehunter Bro:
You never fail me for giving a balanced view. Your caution in RS and Top Glove were well received.
Your comparison of DBS charts and Glove charts showed us we have a big gap to close. A very encouraging prospect indeed.
wavehunter ( Date: 05-Mar-2022 10:46) Posted:
Bro investor,
Your method would have worked very well had you traded DBS instead of Glove stocks with the same amount of capital and within the same time period.
Let' s say we take it as START DATE is JAN 2021 till today.
Using the same amount of capital and using the same method like you did, ie. BUY AND AVERAGE UP/DOWN, had you picked DBS or any of the other
2 banks to do exactly the same thing as what you did with Glove stocks, you would have done very very well by now.
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So likewise, between now and Dec 2022, whether you will do very well or will kena Orh Bark Khark will depend on whether you pick the right stock
to do BUY & AVERAGE UP/DOWN. And for me, it is not a good idea to pick Glove stocks to do this. |
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Sold Riverstone at 0.965 and bought Top Glove at 0.575
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Many people short or sold and not sure what to do now.
I say buy Top Glove. That is one which has not moved yet
Midtermer ( Date: 14-Mar-2022 13:34) Posted:
Bro are you okay? Keep telling people price will fall. I don't think these are BBs anymore. More like institutions parking their money in the long term prospect of RS. We have just crossed 200MA. Cheers.
RichardTeo ( Date: 14-Mar-2022 13:31) Posted:
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