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investor999 Elite	18-Oct-2021 09:29        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My exchanges with other players seems to indicate they don't believe glove will recover and they continue to short
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investor999 Elite	16-Oct-2021 20:53        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't worry Confidence is returning. RIVERSTONE is well liked by some people. They are just being cautious to buy. Investors will come back. ksangks      ( Date: 16-Oct-2021 10:16) Posted: Bro investor999 ,  I think we have to think of a strategy to reach out to as many stake holders  to hold or even to buy more , so as to kill the shortists . I have written to the company , and  requested them to do something . investor999      ( Date: 15-Oct-2021 21:26) Posted: My postings revealing my positions and plan is to open to current shareholders to give confidence. And warn not to be eaten up by short sellers covering short positions.
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Alson18 Senior	16-Oct-2021 11:28        Alson18 About Contact  Quote this Post!
x 0   x 0  Alert Admin	At such depressed price, should be Buying and adding not selling or worse short selling!
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ksangks Senior	16-Oct-2021 10:16        ksangks About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro investor999 ,  I think we have to think of a strategy to reach out to as many stake holders  to hold or even to buy more , so as to kill the shortists . I have written to the company , and  requested them to do something . investor999      ( Date: 15-Oct-2021 21:26) Posted: My postings revealing my positions and plan is to open to current shareholders to give confidence. And warn not to be eaten up by short sellers covering short positions.
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ksangks Senior	16-Oct-2021 09:57        ksangks About Contact  Quote this Post!
x 0   x 0  Alert Admin	The outstanding open short position as at 08/10 is 11,950,000 shares , The short sellers  had covered back from a high of about 20m shares 4 months ago . They sold down to cover back ?
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JessTrang Veteran	15-Oct-2021 23:28        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	But sad to say, the only thing for it to soar high and up is another newly mutated virus emerge or company invented something which is highly useful and sought after. Don' t have to say how low the PE is, how strong the fundamentals. The PE is low because of latest profit. Once the profit plunged the PE will reverse.   That' s how i feel though. JessTrang      ( Date: 15-Oct-2021 23:10) Posted: Precisely bro. Agreed with you. Averaging down mostly will be encouraged on blue chips.  But that' s the risk to take base on individual analysis for this instance.  If financially permits, i would 2x averging down if i feel the price is at the bottom but set a cut loss of 5%. That' s my last bet and action for that stock. Or, averge down 1x if i feel the price may go either way. Average down one last time if it goes further south. wavehunter      ( Date: 15-Oct-2021 22:39) Posted: For illustration, let' s say I already invested 100k in RS and my positions are stuck high and dry now. To double up or triple up means to invest another 100k to 200k into RS and all in the hope that she will bounce high enough for me to get out. But what if the bounce doesnt happen at all ? Then I will have 200k or 300k stuck in RS and for how long nobody knows and may even be forever until I have mustered enough courage to cut and take the loss and move on. If the stock I am stuck in is say DBS or Ascendas or another bank or a good REIT or ST Engineering or SGX or Wilmar, I will seriously consider your suggestion of doing a double up or triple up when I average down. But when it comes to RS, I will ask myself am I throwing more good money after bad money? Or am I better off deploying that 100k or 200k into another more promising stock which has a much higher probability of generating returns ? But that' s me.
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JessTrang Veteran	15-Oct-2021 23:10        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Precisely bro. Agreed with you. Averaging down mostly will be encouraged on blue chips.  But that' s the risk to take base on individual analysis for this instance.  If financially permits, i would 2x averging down if i feel the price is at the bottom but set a cut loss of 5%. That' s my last bet and action for that stock. Or, averge down 1x if i feel the price may go either way. Average down one last time if it goes further south. wavehunter      ( Date: 15-Oct-2021 22:39) Posted: For illustration, let' s say I already invested 100k in RS and my positions are stuck high and dry now. To double up or triple up means to invest another 100k to 200k into RS and all in the hope that she will bounce high enough for me to get out. But what if the bounce doesnt happen at all ? Then I will have 200k or 300k stuck in RS and for how long nobody knows and may even be forever until I have mustered enough courage to cut and take the loss and move on. If the stock I am stuck in is say DBS or Ascendas or another bank or a good REIT or ST Engineering or SGX or Wilmar, I will seriously consider your suggestion of doing a double up or triple up when I average down. But when it comes to RS, I will ask myself am I throwing more good money after bad money? Or am I better off deploying that 100k or 200k into another more promising stock which has a much higher probability of generating returns ? But that' s me.  JessTrang      ( Date: 15-Oct-2021 22:15) Posted: Some will average out double or triple @0.885 if they feel there will be a bounce
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Scarycat Member	15-Oct-2021 22:52        Scarycat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro wavehunter, agree one cannot be self-sacrificial, must aim to make profit. Thought RS may have bottomed? Saw chart by guru fatpanda last week. Now question is when exactly rebounce will take place, and you would say when there are sufficient buyers... wavehunter      ( Date: 15-Oct-2021 21:13) Posted: Sis scarycat, We cant be so self-sacrificial lah. When investing or trading, prudence is our guiding principle. And we have ourselves and our loved ones to consider too. Plus, as you know, the hospitality I am getting from some of the people here is the shake head type. Its really funny. Why ar? The truth doesnt matter to some of the people here. The only thing which matters is whether what I say helps their stuck positions. If what I say helps their stuck positions, even if I lie and humour them and say RS is a damn good stock and will surely blast off to the Moon, my postings will be well received and given the stamp of approval. But if I say anything bearish, even though its true, it does not help their stuck positions and I will be labelled as fear-monger etc etc you know I know. That' s why its funny. Shake head.  Scarycat      ( Date: 15-Oct-2021 21:02) Posted: Bro wavehunter Can you consider supporting RS? You and your kakis have financial means to do so. RS is a well run company.
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wavehunter Supreme	15-Oct-2021 22:39        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 1  Alert Admin	For illustration, let' s say I already invested 100k in RS and my positions are stuck high and dry now. To double up or triple up means to invest another 100k to 200k into RS and all in the hope that she will bounce high enough for me to get out. But what if the bounce doesnt happen at all ? Then I will have 200k or 300k stuck in RS and for how long nobody knows and may even be forever until I have mustered enough courage to cut and take the loss and move on. If the stock I am stuck in is say DBS or Ascendas or another bank or a good REIT or ST Engineering or SGX or Wilmar, I will seriously consider your suggestion of doing a double up or triple up when I average down. But when it comes to RS, I will ask myself am I throwing more good money after bad money? Or am I better off deploying that 100k or 200k into another more promising stock which has a much higher probability of generating returns ? But that' s me.  JessTrang      ( Date: 15-Oct-2021 22:15) Posted: Some will average out double or triple @0.885 if they feel there will be a bounce. PhillipTan      ( Date: 15-Oct-2021 18:49) Posted: 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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JessTrang Veteran	15-Oct-2021 22:15        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Some will average out double or triple @0.885 if they feel there will be a bounce. PhillipTan      ( Date: 15-Oct-2021 18:49) Posted: 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...   investor999      ( Date: 15-Oct-2021 18:39) Posted: 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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JessTrang Veteran	15-Oct-2021 22:03        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, you have my best wishes! Hope trend reversal come soon but you have to plan and decide your next course of actions should it bounce back. Anticipate year 2022/2023 results. All the best to you. investor999      ( Date: 15-Oct-2021 21:26) Posted: My postings revealing my positions and plan is to open to current shareholders to give confidence. And warn not to be eaten up by short sellers covering short positions.
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wavehunter Supreme	15-Oct-2021 21:50        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	Bro investor, Maybe those stuckists here may help support your cause by deferring their plans to sell. But what about stuckists outside of this forum ? They may not want to endure the pain anymore. They may have given up hope ler. Dow ran more than 500 pts last nite. But yet RS wasnt able to move much. If people from elsewhere decides to head for the exit, their selling will undo all the good work you have done. So for your sake, I do wish you all the best too.  investor999      ( Date: 15-Oct-2021 21:26) Posted: My postings revealing my positions and plan is to open to current shareholders to give confidence. And warn not to be eaten up by short sellers covering short positions.
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JessTrang Veteran	15-Oct-2021 21:47        JessTrang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Where to find the exact short volume? I only found 28800 shares being shorted today in sgx webby.  investor999      ( Date: 15-Oct-2021 21:26) Posted: My postings revealing my positions and plan is to open to current shareholders to give confidence. And warn not to be eaten up by short sellers covering short positions.
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investor999 Elite	15-Oct-2021 21:26        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My postings revealing my positions and plan is to open to current shareholders to give confidence. And warn not to be eaten up by short sellers covering short positions.
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investor999 Elite	15-Oct-2021 21:16        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Previously Mr Wong bought RS and I calculated his average bought price was $1.47 He did it to give confidence to his shareholders that his company is worth so much. I don't see any insiders selling except EPF and that was only 284,900 shares So we can conclude that shares price is artificially held low
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wavehunter Supreme	15-Oct-2021 21:13        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 1  Alert Admin	Sis scarycat, We cant be so self-sacrificial lah. When investing or trading, prudence is our guiding principle. And we have ourselves and our loved ones to consider too. Plus, as you know, the hospitality I am getting from some of the people here is the shake head type. Its really funny. Why ar? The truth doesnt matter to some of the people here. The only thing which matters is whether what I say helps their stuck positions. If what I say helps their stuck positions, even if I lie and humour them and say RS is a damn good stock and will surely blast off to the Moon, my postings will be well received and given the stamp of approval. But if I say anything bearish, even though its true, it does not help their stuck positions and I will be labelled as fear-monger etc etc you know I know. That' s why its funny. Shake head.  Scarycat      ( Date: 15-Oct-2021 21:02) Posted: Bro wavehunter Can you consider supporting RS? You and your kakis have financial means to do so. RS is a well run company.
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Scarycat Member	15-Oct-2021 21:02        Scarycat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro wavehunter Can you consider supporting RS? You and your kakis have financial means to do so. RS is a well run company.
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wavehunter Supreme	15-Oct-2021 20:54        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	investor999      ( Date: 15-Oct-2021 20:27) Posted: I had single handedly supported SIA shares through its bottoms. It can be done investor999      ( Date: 15-Oct-2021 20:25) Posted: 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 20:49        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Usually bottoms are a few bounces like the triple bottom. Gloves seems different..It is flattening. Yet short sellers kept shorting and calling low low prices. Something must break right? We are not in a forgotten sector. Down in Malaysia people kao peh kao bu. And Big boss buy to support his top glove. RS will respond as well. Let say RS fall in response,.I will hold. It can go down and can go up too. I hope I am not seeing the wrong bottom wavehunter      ( Date: 15-Oct-2021 20:40) Posted: Bro Investor, People will stop selling if they feel there is still hope for this stock. And the surest way for them to feel hope is if they see people buying this stock. And therein lies the problem - there isn' t much buying. You said it yourself that you are supporting the price only, not pushing it up. Hence at best is the price will stop falling. But the price wont advance. And this presents another problem - the price not advancing at all will cause hope to fade away. And with that, more selling will surface. Which then leads to you - are you prepared to keep buying to support the price ? Since you are supporting the price only, and not pushing it, you are hoping that whilst you buy enough to support the price, others will also buy to push up the price. Then you can get out. But are others buying ? Are there enough of them to buy  to give the price a lift ? For that, we can look at the chart and what it says is that her bounces are getting smaller and smaller and smaller. People who were conned to buy in the earlier bounces have learnt their lesson not to chase in subsequent bounces. investor999      ( Date: 15-Oct-2021 20:25) Posted: 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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wavehunter Supreme	15-Oct-2021 20:40        wavehunter About Contact  Quote this Post!   Yells: "Trade what you see, not what you hope to see."
x 0   x 0  Alert Admin	Bro Investor, People will stop selling if they feel there is still hope for this stock. And the surest way for them to feel hope is if they see people buying this stock. And therein lies the problem - there isn' t much buying. You said it yourself that you are supporting the price only, not pushing it up. Hence at best is the price will stop falling. But the price wont advance. And this presents another problem - the price not advancing at all will cause hope to fade away. And with that, more selling will surface. Which then leads to you - are you prepared to keep buying to support the price ? Since you are supporting the price only, and not pushing it, you are hoping that whilst you buy enough to support the price, others will also buy to push up the price. Then you can get out. But are others buying ? Are there enough of them to buy  to give the price a lift ? For that, we can look at the chart and what it says is that her bounces are getting smaller and smaller and smaller. People who were conned to buy in the earlier bounces have learnt their lesson not to chase in subsequent bounces. investor999      ( Date: 15-Oct-2021 20:25) Posted: 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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