| Latest Forum Topics / Riverstone Last:0.86 -- |
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RIVERSTONE HOLDINGS LIMITED
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investor999
Elite |
15-Oct-2021 20:39
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Someone just posted in Investshare he shorted RS and target 0.70 So there are short sellers and they are getting very brave. It is time we teach these people lessons. You think they cover shorts? No they increase their shorts. So who do you he hope to buy from? From people like us cutting losses. You have to stand firm | ||||
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investor999
Elite |
15-Oct-2021 20:27
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I had single handedly supported SIA shares through its bottoms.
It can be done
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investor999
Elite |
15-Oct-2021 20:25
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Bro wavehunter: Surely you know there must be a bottom for any share. I hope not to be wrong..If not I will lose alot of money. Yes to hold the bottom require patience..It can take weeks or months..I hope not top long | ||||
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investor999
Elite |
15-Oct-2021 20:21
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Bro Wavehunter:
If you read my other post, you know I am not pushing up the prices but supporting only. I had pushed up a counter before in 1993 to 1998, only to realise there were no other buyers. I understand. Rest assured it is not as you described. If according to your description I will be caught for share rigging in pump and dump
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wavehunter
Supreme |
15-Oct-2021 20:01
Yells: "Trade what you see, not what you hope to see." |
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Bro investor, What you are doing - singlehandedly defending and supporting the stock price starting from 88 cts is admirable. The question is how much more are you willing to put in to support the stock price. To support the price requires a sizeable amount. To push the price higher will require even more. I believe it will require alot alot of your capital. And surely, there is also a limit to how much capital you are prepared to set aside for this mission. Bearing in mind the numbers you have been seeing in the SELL queues, how high can your capital push the price to? And that is not all. When your buying stops, the price will stop advancing. And this stalling will be apparent to all who are watching this stock like a hawk. What will happen then ? Those who have given up and waiting for the bounce to end will come out to sell. And those who are waiting for the bounce to end to SHORT this stock will also come out to hantam her. Are you prepared to absorb all their selling ? If you are not, and I see no reason why you should, then you will have a price avalanche at hand and unless you are fast enough to throw back, all those lots you have bought... those higher and nearer the end of the bounce... will all be buried under the avalanche. For someone doing what you are doing, pushing the price up is one thing. Supporting it in the face of heavy selling and overcoming the selling by pushing the stock even higher is quite another thing. And I dunno if you are prepared to do that.  |
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tritonyeah6666
Senior |
15-Oct-2021 19:31
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Hehehe.. Equally funny when you said everyone says your post is not useful yet you willfully persistently continue & refuse to stop.. funny too :)
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investor999
Elite |
15-Oct-2021 19:14
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You must know there are only fixed number of tradable shares. You can't own most of the shares. Let other people own the shares. More people own the shares the better because you can't force down the shares if you are only a minority holders. The BB is EPF who sold at $1 and didn't buy back. They are the ones who dump | ||||
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investor999
Elite |
15-Oct-2021 19:06
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You must first know how the short sellers play.
Key is CFD shorts. Borrow shares is expensive.
They leverage their short sell down. With each fall, they have more funds gain in CFD to short more.
The share holders and margin account holders are worse hit.
The worse is margin holders. Share price adjusted down ex dividend.
Your margin took a big hit yet your dividends are not in.
This drives the share price down because you cut loss.
They sell Q behind you and you are the ones driving your price down.
In order to counter them, you need to play the opposite. Cut your margin if have to. Switch to CFD long. Then you have more leverage to counter the fall
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Scarycat
Member |
15-Oct-2021 19:01
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Bro investor999, your "no one will help you and you have to help yourself" is really cold hard truth. How I wish I had received this advice from you earlier. | ||||
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halleluyah
Supreme |
15-Oct-2021 18:56
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When coming down frm yr px after seeing heavy dumping in all mask/glove time, cut loss n short.....
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PhillipTan
Supreme |
15-Oct-2021 18:49
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I first bought at $1.51 Then recently at $0.885 Still very difficult to average out, still paper loss even if hit $1.20 How to get out? Scratching my head...  
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investor999
Elite |
15-Oct-2021 18:49
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If you read my postings in Investshare, you will know that I am the one who call the bottom at 0.88. It is not without reasons. I am the one buying from 0.88 and up to now. If all of you are sitting to watch and worse still throw your precious stocks away listening to those analysts and reading charts and news, then all my efforts will be gone. Because I can sell everything to plunge RS to 0.66..If this is what you like to see. I have already made my gains with SIA, no sweat for me to cut loss here. So this is a warning. You either stop your selling, start buying back OR I will dump | ||||
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investor999
Elite |
15-Oct-2021 18:39
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No one will help you and you have to help yourself. If your cost price is too high, you need to average down - If you have $1.20 + $0.91 = $1.055 x 2 Only then you can get out. Otherwise you have no chance. Don' t wait for BB to buy. It will be too late |
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ksangks
Senior |
15-Oct-2021 17:48
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Oct 2020 was around 1.80 to 1.90 ? So high ?
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GGTTAANN
Senior |
15-Oct-2021 17:37
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I will support you. I only have 60 lots but will hold till price go above $1.20 
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ksangks
Senior |
15-Oct-2021 17:34
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Just see how much more can they throw ? More like borrow to throw .
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Scarycat
Member |
15-Oct-2021 17:34
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Good to have investors like bro investor999 supporting RS. Bro wavehunter, I still have all my RS shares bought at high in Oct 2020. For unexpected reason, I did not look at the shares prices from Mar 2021 until now. ![]() Do let me know when the big players are in sight, just like what you did earlier this year. |
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investor999
Elite |
15-Oct-2021 17:24
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I am one of those crazy persons who buy from those who throw as rubbish | ||||
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ksangks
Senior |
15-Oct-2021 16:53
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Well done !
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investor999
Elite |
15-Oct-2021 16:51
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Also I am concentrating by trades only on buying up RS. Hope this helps.
So the sellers soon have no shares to sell |
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