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RIVERSTONE HOLDINGS LIMITED
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investor999
Elite |
12-Nov-2021 19:48
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If you see the trading past two days, you realise more people have bargain hunted.
And there are also strong buying up.
So the pump is beginning
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beng1102
Elite |
12-Nov-2021 19:48
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Relative short volume is only 1.56% today. At this price range is no longer worth shorting. 183900 11754100 1.56%
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JessTrang
Veteran |
12-Nov-2021 16:15
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You have sold at .820. You have locked profit from .775 and covered a little bit of losses. After this bounce, will it go lower to .6x and bounce again or on monday from .805 to go higher? If the chances is higher to go lower, then watch at the sideline first, wait for the monkeys. My guess on the future trading range is 0.5x/0.6x ~ 0.8x/0.9x.
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wavehunter
Supreme |
12-Nov-2021 15:37
Yells: "Trade what you see, not what you hope to see." |
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But its lidat one, Bro investor. Certain decisions are easy. Like.... to sell into the next bounce OR to stay and fight and hold come what may. If your decision is dont sell, that' s easy. Coz you have nothing to do for now. Bounce or no bounce...how high the bounce...how many days will this bounce last...has the bounce peaked out ? All this you dont care. Coz you are not selling. So all this Boh Lee Eh Tai Chee. You Boh Chup. But if your decision is to sell into the next bounce, then naturally you will want to sell at the highest. And all those tons of questions will then run thru your mind. But no answers. No one has the answer. Only when this bounce has come and gone when we examine the chart and look at the historical prices then we know how many days the bounce lasted, where the peak is etc etc just like looking at the chart now, we can zoom in on a previous bounce to count how many candles there were in each bounce to tell us how many days each bounce lasted and where was the peak of that bounce. Like I said, no solution. Just do the best you can to sell at where you think this bounce has peaked out. Becoz we can never always get to buy at the low when we are buying and we can never always get to sell at the high when we are selling, some people do it in tranches to average out the BUYs or SELLs.
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investor999
Elite |
12-Nov-2021 15:29
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While in it ( the stock market ) we must act - either buy or sell. It is a gambling market and we must act. I have sold more at 0.81. Not because I don't believe RS will go up but because I need to square off and participate again. RS may go down or go up. I really hope it will go up. | ||||
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investor999
Elite |
12-Nov-2021 15:01
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Wavehunter don't like that leh.
You said before that stocks don't move up or down straight line.. So I follow your advice.. Now you don't know what to do Alamak! Sifu also doesn't know |
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wavehunter
Supreme |
12-Nov-2021 14:57
Yells: "Trade what you see, not what you hope to see." |
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Opened at 0.775. Then bounced to Day High at 0.83 in the span of the next 2 hrs and 7 mins. After that she macam I Mai I Mai lidat and then started to lau hong pip by pip to now clinging on to 0.805 : 0.81. Very heart-wrenching for you if you have decided to sell and are looking to sell into this bounce. At a time like this, tons of questions will bombard your mind. But no answers. Is it over ? Is 0.83 cts the peak and she is on her way back to the low at 0.76 to head lower ? I didnt manage to sell at 0.83. So should I sell now ? Or should I wait ? What if I sell and she goes back up to 0.83 ? But if I dont sell now then what if she falls back to 0.76 later ? Also, what if this bounce is going to last a few days ? Then if I sell now, I will miss the chance to sell higher on Monday. But if I wait till Monday, what if she dont show me 0.805 again and I have to sell at 0.76 or lower ??? I have been there before myself. And many times some more. Sibeh Chum one, this type of predicament. And Sibeh Sibeh Sibeh SIAN Ka Mai Cong. Sigh.....................shake head. I dont want to ever have to go there again. Ever. Take care, guys. I know what you are going thru now. Can only wish you all the best in your execution of your exit plan. |
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investor999
Elite |
12-Nov-2021 13:10
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With conflicting analysit reports especially one coming from the same analysis who made the unusual 360 degree change from 95 cents to 65 cents, the company will have to make a statement in order to clarify the issues.
What will Mr Wong say? Do you think he will say good or bad? So RS trend is going to reverse but I don't know how. |
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investor999
Elite |
12-Nov-2021 12:41
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Wavehunter bro:
I kept wondering how pump and dump work and I am beginning to get some ideas
1) Condition already set by short sellers. RS shares price at all time low due to short selling. I suppose by CFD shorts. CFD short is low cost short selling. But when prices go up, covering is by buying up. When there are enough short interests, the combined buying up is a powerful force. This is the 🐒 we are looking for.
2) Follow the price of share down all the way. That was my plan C
3) Hold huge quality of shares.
4) wait for analysis downgrade. Which will lead to true selling.
5) when the price goes up, release the shares slowly. Never buy.
Let the 🐒 do the buy up
6) There must be continue negative sentiment to encourage short selling.
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beng1102
Elite |
12-Nov-2021 12:32
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During intra-day, it is very hard to execute to buy at the lowest bottom and sell at the highest. Trading of this counter is clearly manupulated and controlled so far.
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Midtermer
Master |
12-Nov-2021 12:30
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I'm with you bro. Standby at 770/775 to buy if it comes down. Cheers.
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investor999
Elite |
12-Nov-2021 12:23
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Alamak now Anus list says valuation attractive. They are confused | ||||
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nghonpo
Veteran |
12-Nov-2021 11:57
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Congratulations Boss, Getting ready for the next round?
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investor999
Elite |
12-Nov-2021 11:27
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Don't buy.
Shortists still hoping for 70 cents. Wait till they short down to 77.5 cents then we contra again OK?
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beng1102
Elite |
12-Nov-2021 11:06
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Many have short changed themselves by selling below 82c. Despite of price going down big buyer is will to pay 82c and open short interest from MAS is declining.
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ttbanthony
Veteran |
12-Nov-2021 10:55
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Nice contra gain.
Thanks RS. |
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investor999
Elite |
12-Nov-2021 10:49
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I am serious on selling.
Really sold at 0.82 Have to let other people hold shares |
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easywin
Supreme |
12-Nov-2021 10:31
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Business performing well but price been beaten down, good time to accumulate | ||||
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investor999
Elite |
12-Nov-2021 10:25
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Wavehunter bro: I took your advice. Sold those bought at 0.775 now at 0.82 | ||||
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wavehunter
Supreme |
12-Nov-2021 10:23
Yells: "Trade what you see, not what you hope to see." |
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