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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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investor999
Elite |
25-Nov-2020 17:59
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Buying on way up is dangerous.
There are so many false starts in this counter.
At 1.44 failed
At 1.28 to 1.40 failed
At 1.32 to 1.37 also failed
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uiop1223
Supreme |
25-Nov-2020 17:33
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Eh? U dont horse behind cannon. U got lucky with SIA. To get 10% returns over a couple of mths is nothing to be proud of and u were sitting at 60% loss at one point.
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cheng8888
Senior |
25-Nov-2020 17:25
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I support the statement from Mr. Investor. Glove counter have falled to nearly bottom. If fall, the room of fall also not big. We see the other bank counter and Airline counter, Within these 2 weeks have rose more than 30%. It is really simple theory... After FDA approval on Pfizer and Moderna vaccine, there are no more vaccine factor that will impact to the glove share price.
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SGPhantom
Master |
25-Nov-2020 16:42
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Well, what you' ve mentioned is one way of investing I guess. Others prefer to buy on the way up, because not everyone has deep pockets to keep buying / accumulating while not knowing where is the bottom nor how long to hold. Either way is fine, as long as the investor himself is disciplined and follows the regime that works best for him.
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investor999
Elite |
25-Nov-2020 16:34
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I dont believe there are no short selling here
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Bongbong
Master |
25-Nov-2020 16:11
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One of the hardest thing to do in investing for many. buy/accumulate when down, sell when up. many thanks for sharing!
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investor999
Elite |
25-Nov-2020 15:57
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When I was buying SIA before the rise, I told everybody to buy and hold.
No one in the forum expressed their interests.
Now they are rushing in like mad cow.
Same thing here. I tell everyone to buy..nobody seems interested
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investor999
Elite |
25-Nov-2020 15:42
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Needle prick injuries
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investor999
Elite |
25-Nov-2020 15:41
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First of all gloves are needed at this time. No questions about this.
Their production also in Philippines and Thailand, not just Malaysia.
Then most importantly it is the type of gloves.
Rubber gloves breaks and easily get needle price injuries.
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Bongbong
Master |
25-Nov-2020 15:29
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May I ask what is it about RS that gained the trust of you and your gang vs the others?
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SGPhantom
Master |
25-Nov-2020 15:27
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Likewise, I have let go all my Gloves and PPEs except for RS. Hopefully, it is a wise decision. Only time will tell.
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investor999
Elite |
25-Nov-2020 15:13
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Nitrile gloves more suitable for medical workers when administering vaccines.
There should be a big demand once the vaccination process begins
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Alson18
Senior |
25-Nov-2020 15:13
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Medical stocks should be accumulation mode Not shorting mode.... IMO
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investor999
Elite |
25-Nov-2020 15:11
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Among the glove companies i trust this one.
Looking forward to their expansion plan
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investor999
Elite |
25-Nov-2020 13:39
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Agreed | ||||
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SGPhantom
Master |
25-Nov-2020 13:29
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While I may not agree with Shorting or Day Trading, I do however believe To Each Its Own. At the end of the day, everyone is just trying to make a few bucks. Of course, in the long run, the ones that are able to hold usually prevails. But some may not have the ability to hold long term, nor the bullets to spray all over to have a diversified portfolio, hence the short term tradings, and smaller returns (or losses) seem fair to them.
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SGPhantom
Master |
25-Nov-2020 13:23
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You need to be declared as a substantial shareholder soon : )
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investor999
Elite |
25-Nov-2020 13:21
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There are many day traders and short term traders here, who are happy with 2 cents gain. They are also shorting the shares as they believe sentiment here is poor. Many on CFD and probably averaging  |
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investor999
Elite |
25-Nov-2020 13:13
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I bought more
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SGPhantom
Master |
25-Nov-2020 09:31
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Selling Pressure continues, across the sector. Bre careful. |
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