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investor999 Elite	14-Jun-2021 06:44        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes we all don't sell and kill the hedge fund that has been shorting Riverstone ok? It is true they make by 1 to 2 cents. By the look of market Q, they are waiting to buy back at 1.30 and below. We will not let this hedge fund cover shorts! not_98percent      ( Date: 13-Jun-2021 19:17) Posted: Absolutely. Esp for those that NEVER rely on " tips" ..............  Traveler      ( Date: 13-Jun-2021 15:41) Posted: I don' t think we need to be thankful to the BB in any circumstances
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Jasongan Member	14-Jun-2021 00:16        Jasongan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems that tmr got show as topglove us kena short squeesessss~~~~~~
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not_98percent Senior	13-Jun-2021 19:17        not_98percent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Absolutely. Esp for those that NEVER rely on " tips" ..............  Traveler      ( Date: 13-Jun-2021 15:41) Posted: I don' t think we need to be thankful to the BB in any circumstances. coolbear123      ( Date: 13-Jun-2021 13:44) Posted: Usually these BB have some wisdom, when there is a reversal, they move as well... Whether you like them or not, you can' t deny the fact that they are the ones moving the market, so be thankful when it goes into your favour.
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PhillipTan Supreme	13-Jun-2021 18:55        PhillipTan About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	To get breakeven with 1 cent movement, only need to buy 2,400 shares which costs around $3.2k If buy 6,400 shares at $1.32, cost will be close to $8.5k When it moves to $1.33, can earn $36.10 Question should be how much can we earn with 1 cent movement, instead of whether we can breakeven or not The more we buy, the more we earn and vice versa The amount of shares to buy to get breakeven with 1 cent also depends on which broker you are using, due to the different rates   coolbear123      ( Date: 13-Jun-2021 13:31) Posted: This is not true. I doubt you know how professional these BB are.  Even if the stock moves up by 1 cent they can make money. Can you even breakeven with 1 cent?  investor999      ( Date: 13-Jun-2021 13:16) Posted: There is a misconception the BB moves the market and make money. And retail investors are foolish and always lose money. Situation has changed since the start of Pandemic.  Glove counters are the examples. Just see how Top gloves are purchase and sold by big investors and lost money. UOB decided to concentrate on Top Glove and sold its RS shares. They lost and now trying very best to hold on to Top glove, calling a hold. UOB did not give up on RS and used CFD to buy. CFD is highly geared and high risk of severe margin calls. I am not a small investor and I am certainly not a BB. I don' t have millions to move the market. I am just a retail player with not so small funds and able to stand the repeated margin calls by repeatedly topping up cash and picking up share
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Traveler Member	13-Jun-2021 15:41        Traveler About Contact  Quote this Post!
x 0   x 0  Alert Admin	I don' t think we need to be thankful to the BB in any circumstances. coolbear123      ( Date: 13-Jun-2021 13:44) Posted: Usually these BB have some wisdom, when there is a reversal, they move as well... Whether you like them or not, you can' t deny the fact that they are the ones moving the market, so be thankful when it goes into your favour.. investor999      ( Date: 13-Jun-2021 13:38) Posted: You are talking about big traders who buy and sell millions. They can be working for the BB to manage their huge holdings. I am not referring to traders..I am referring to BB who takes a position. Yes we can also have fund managers, hedge funds who take big short positions. I don't like these people as I feel they are not ethical
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Starship Supreme	13-Jun-2021 15:01        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	investor999      ( Date: 13-Jun-2021 14:22) Posted: Ok lah. You win 👍 coolbear123      ( Date: 13-Jun-2021 13:44) Posted: Usually these BB have some wisdom, when there is a reversal, they move as well... Whether you like them or not, you can' t deny the fact that they are the ones moving the market, so be thankful when it goes into your favour.
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investor999 Elite	13-Jun-2021 14:22        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok lah. You win 👍 coolbear123      ( Date: 13-Jun-2021 13:44) Posted: Usually these BB have some wisdom, when there is a reversal, they move as well... Whether you like them or not, you can' t deny the fact that they are the ones moving the market, so be thankful when it goes into your favour.. investor999      ( Date: 13-Jun-2021 13:38) Posted: You are talking about big traders who buy and sell millions. They can be working for the BB to manage their huge holdings. I am not referring to traders..I am referring to BB who takes a position. Yes we can also have fund managers, hedge funds who take big short positions. I don't like these people as I feel they are not ethical
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coolbear123 Senior	13-Jun-2021 13:44        coolbear123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Usually these BB have some wisdom, when there is a reversal, they move as well... Whether you like them or not, you can' t deny the fact that they are the ones moving the market, so be thankful when it goes into your favour.. investor999      ( Date: 13-Jun-2021 13:38) Posted: You are talking about big traders who buy and sell millions. They can be working for the BB to manage their huge holdings. I am not referring to traders..I am referring to BB who takes a position. Yes we can also have fund managers, hedge funds who take big short positions. I don't like these people as I feel they are not ethical coolbear123      ( Date: 13-Jun-2021 13:31) Posted: This is not true. I doubt you know how professional these BB are.  Even if the stock moves up by 1 cent they can make money. Can you even breakeven with 1 cent?
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investor999 Elite	13-Jun-2021 13:38        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are talking about big traders who buy and sell millions. They can be working for the BB to manage their huge holdings. I am not referring to traders..I am referring to BB who takes a position. Yes we can also have fund managers, hedge funds who take big short positions. I don't like these people as I feel they are not ethical coolbear123      ( Date: 13-Jun-2021 13:31) Posted: This is not true. I doubt you know how professional these BB are.  Even if the stock moves up by 1 cent they can make money. Can you even breakeven with 1 cent?  investor999      ( Date: 13-Jun-2021 13:16) Posted: There is a misconception the BB moves the market and make money. And retail investors are foolish and always lose money. Situation has changed since the start of Pandemic.  Glove counters are the examples. Just see how Top gloves are purchase and sold by big investors and lost money. UOB decided to concentrate on Top Glove and sold its RS shares. They lost and now trying very best to hold on to Top glove, calling a hold. UOB did not give up on RS and used CFD to buy. CFD is highly geared and high risk of severe margin calls. I am not a small investor and I am certainly not a BB. I don' t have millions to move the market. I am just a retail player with not so small funds and able to stand the repeated margin calls by repeatedly topping up cash and picking up share
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coolbear123 Senior	13-Jun-2021 13:31        coolbear123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This is not true. I doubt you know how professional these BB are.  Even if the stock moves up by 1 cent they can make money. Can you even breakeven with 1 cent?  investor999      ( Date: 13-Jun-2021 13:16) Posted: There is a misconception the BB moves the market and make money. And retail investors are foolish and always lose money. Situation has changed since the start of Pandemic.  Glove counters are the examples. Just see how Top gloves are purchase and sold by big investors and lost money. UOB decided to concentrate on Top Glove and sold its RS shares. They lost and now trying very best to hold on to Top glove, calling a hold. UOB did not give up on RS and used CFD to buy. CFD is highly geared and high risk of severe margin calls. I am not a small investor and I am certainly not a BB. I don' t have millions to move the market. I am just a retail player with not so small funds and able to stand the repeated margin calls by repeatedly topping up cash and picking up shares sutiono      ( Date: 13-Jun-2021 11:26) Posted: Thanks for sharing. Just found out you are not a small investor . Your holding worth millions
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investor999 Elite	13-Jun-2021 13:16        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	There is a misconception the BB moves the market and make money. And retail investors are foolish and always lose money. Situation has changed since the start of Pandemic.  Glove counters are the examples. Just see how Top gloves are purchase and sold by big investors and lost money. UOB decided to concentrate on Top Glove and sold its RS shares. They lost and now trying very best to hold on to Top glove, calling a hold. UOB did not give up on RS and used CFD to buy. CFD is highly geared and high risk of severe margin calls. I am not a small investor and I am certainly not a BB. I don' t have millions to move the market. I am just a retail player with not so small funds and able to stand the repeated margin calls by repeatedly topping up cash and picking up shares sutiono      ( Date: 13-Jun-2021 11:26) Posted: Thanks for sharing. Just found out you are not a small investor . Your holding worth millions ? investor999      ( Date: 12-Jun-2021 17:02) Posted: Dear Phillip Tan, Sutiono and others: CFD trading, Margin Trading and Cash ( aka contra ) trading I would like to present my insight of the interplay of the above with regard to the glove counters CFD margin rates varies. It varies with different counters and also the margin ratio varies on different tiers.  Example in IG CFD platform the different ratios are 1) Riverstone Holdings 25% up to 17,300 shares 40% for 17301 to 51,900 shares 60% for 51901 to 95150 shares 75% for 95151 shares and above 2) Top Glove 25% up to 147,000 shares 40% for 147101 to 441,000 shares 60% for 441001 to 514500 shares 75% for 514501 and above It means that the more shares you have the more cash you need as for 75% means you can only loan 25% of the share price The big holders in CFD are disdvantage when the market falls. If you want to hold big positions, don' t use CFD, use margin account.  However margin account has a maximun cap to the valuation of the stock. Example if your boker place a cap of $700,000 for your Riverstone valuation, your valuation will not increase if the stock price increase. At price of $1.33, $700,000 translate to 526,300 shares. Is Riverstone overbought or oversold? - It depends on your leverage. If you leverage to the maximun, you have overbought.  I believe the recent selling is due to the overbought position of some BB. Therefore he needs to sell. The amount to sell is huge and at short notice, you cannot find buyers to pick up the shares. However in order not to be force sold, the BB sold to its cash position ( aka contra ). He hopes someone will buy over in the next 3 days. If a few people are doing this, they actually drive the share price down. There will come a point when some people will buy when the price is cheap enough. Then we will have a support. Do you know you Roverstone fell to 1.06, I actually spent half a million to pick up the shares to prevent force selling? So we have to co-operate and stop the madness of force selling please
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sutiono Veteran	13-Jun-2021 11:26        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for sharing. Just found out you are not a small investor . Your holding worth millions ? investor999      ( Date: 12-Jun-2021 17:02) Posted: Dear Phillip Tan, Sutiono and others: CFD trading, Margin Trading and Cash ( aka contra ) trading I would like to present my insight of the interplay of the above with regard to the glove counters CFD margin rates varies. It varies with different counters and also the margin ratio varies on different tiers.  Example in IG CFD platform the different ratios are 1) Riverstone Holdings 25% up to 17,300 shares 40% for 17301 to 51,900 shares 60% for 51901 to 95150 shares 75% for 95151 shares and above 2) Top Glove 25% up to 147,000 shares 40% for 147101 to 441,000 shares 60% for 441001 to 514500 shares 75% for 514501 and above It means that the more shares you have the more cash you need as for 75% means you can only loan 25% of the share price The big holders in CFD are disdvantage when the market falls. If you want to hold big positions, don' t use CFD, use margin account.  However margin account has a maximun cap to the valuation of the stock. Example if your boker place a cap of $700,000 for your Riverstone valuation, your valuation will not increase if the stock price increase. At price of $1.33, $700,000 translate to 526,300 shares. Is Riverstone overbought or oversold? - It depends on your leverage. If you leverage to the maximun, you have overbought.  I believe the recent selling is due to the overbought position of some BB. Therefore he needs to sell. The amount to sell is huge and at short notice, you cannot find buyers to pick up the shares. However in order not to be force sold, the BB sold to its cash position ( aka contra ). He hopes someone will buy over in the next 3 days. If a few people are doing this, they actually drive the share price down. There will come a point when some people will buy when the price is cheap enough. Then we will have a support. Do you know you Roverstone fell to 1.06, I actually spent half a million to pick up the shares to prevent force selling? So we have to co-operate and stop the madness of force selling please! PhillipTan      ( Date: 11-Jun-2021 16:10) Posted: And yes, disadvantages of CFDs outweigh advantages High risks (ie. disadvantages and potential losses) = High returns (ie. potential to earn a lot more with the same amount of money)
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investor999 Elite	13-Jun-2021 05:59        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why is the huge volume at 1.24 and 1.50 ? The dividends is 0.06 + Dividends in CFD trading came from price adjustment. 1.24 + 0.06 = 1.30 Therefore current support is 1.30 and CFD short sellers are buying back from 1.30 CEO Mr Wong purchases of shares from open market has an average price of 1.47. Hence CFD short selling from 1.48. Now hoping that new dividends issue will create a higher support. RS rebound should shart from 1.30 investor999      ( Date: 12-Jun-2021 18:46) Posted: The relationship of margin account and outstanding short positions I have a completely opposite situation regarding the above, which showed that Riverstone is excessively oversold. CFD is not trading on shares but only contracts with your brokers. Brokers provide shares to back the underlying long / short positions of CFD. The total number of tradable shares is finite. You cannot get new shares unless you borrow from someone. The margin account holders provide the shares for lending. Or when you pledge your shares to your brokers to margin, your broker has the right to use your shares and they can lend to their traders at special rates better than borrowing from CDP If there are many people who margin Riverstone shares, the number of shares available to traders increases. There is a cap in order not to overlend the shares. So your shares are lent to someone else, who in turn margin the shares and in turn the shares are lent to another people. So the same number of shares can be lent to many parties.  In this case Riverstone is oversold. Judging from the volume of trading over the past weeks, there were only twice when huge volume were traded. Once was at $1.24 and another was at $1.50 In betwen the volume traded were not huge. But the number of outstanding shorts decreased and increased. The number of outstanding shorts indicate how much oversold. At the moment, we are balancing between overbought by some investors and oversold by the brokers. Hence we are at break out point. This breakout is overdue. The short sellers are hoping for a breakdown while the investors are hoping for a breakout. The sudden increase of Top glove OTC is a good sign that some brokers decided to cover their short positions. I hope this breakout is happening very soon.  Don' t sell your shares and don' t buy as well ( unless you can pick up the shares). Just hold and wait. not_98percent      ( Date: 12-Jun-2021 18:18) Posted: May I ask some dumb questions ..... are recent days' (past week or so) trading PATTERN and VOLUME consistent with what you are asserting / explaining below? Th
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investor999 Elite	12-Jun-2021 18:46        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The relationship of margin account and outstanding short positions I have a completely opposite situation regarding the above, which showed that Riverstone is excessively oversold. CFD is not trading on shares but only contracts with your brokers. Brokers provide shares to back the underlying long / short positions of CFD. The total number of tradable shares is finite. You cannot get new shares unless you borrow from someone. The margin account holders provide the shares for lending. Or when you pledge your shares to your brokers to margin, your broker has the right to use your shares and they can lend to their traders at special rates better than borrowing from CDP If there are many people who margin Riverstone shares, the number of shares available to traders increases. There is a cap in order not to overlend the shares. So your shares are lent to someone else, who in turn margin the shares and in turn the shares are lent to another people. So the same number of shares can be lent to many parties.  In this case Riverstone is oversold. Judging from the volume of trading over the past weeks, there were only twice when huge volume were traded. Once was at $1.24 and another was at $1.50 In betwen the volume traded were not huge. But the number of outstanding shorts decreased and increased. The number of outstanding shorts indicate how much oversold. At the moment, we are balancing between overbought by some investors and oversold by the brokers. Hence we are at break out point. This breakout is overdue. The short sellers are hoping for a breakdown while the investors are hoping for a breakout. The sudden increase of Top glove OTC is a good sign that some brokers decided to cover their short positions. I hope this breakout is happening very soon.  Don' t sell your shares and don' t buy as well ( unless you can pick up the shares). Just hold and wait. not_98percent      ( Date: 12-Jun-2021 18:18) Posted: May I ask some dumb questions ..... are recent days' (past week or so) trading PATTERN and VOLUME consistent with what you are asserting / explaining below? Thx investor999      ( Date: 12-Jun-2021 17:02) Posted: Dear Phillip Tan, Sutiono and others: CFD trading, Margin Trading and Cash ( aka contra ) trading I would like to present my insight of the interplay of the above with regard to the glove counters CFD margin rates varies. It varies with different counters and also the margin ratio varies on different tiers.  Example in IG CFD platform the different ratios are 1) Riverstone Holdings 25% up to 17,300 shares 40% for 17301 to 51,900 shares 60% for 51901 to 95150 shares 75% for 95151 shares and above 2) Top Glove 25% up to 147,000 shares 40% for 147101 to 441,000 shares 60% for 441001 to 514500 shares 75% for 514501 and above It means that the more shares you have the more cash you need as for 75% means you can only loan 25% of the share price The big holders in CFD are disdvantage when the market falls. If you want to hold big positions, don' t use CFD, use margin account.  However margin account has a maximun cap to the valuation of the stock. Example if your boker place a cap of $700,000 for your Riverstone valuation, your valuation will not increase if the stock price increase. At price of $1.33, $700,000 translate to 526,300 shares. Is Riverstone overbought or oversold? - It depends on your leverage. If you leverage to the maximun, you have overbought.  I believe the recent selling is due to the overbought position of some BB. Therefore he needs to sell. The amount to sell is huge and at short notice, you cannot find buyers to pick up the shares. However in order not to be force sold, the BB sold to its cash position ( aka contra ). He hopes someone will buy over in the next 3 days. If a few people are doing this, they actually drive the share price down. There will come a point when some people will buy when the price is cheap enough. Then we will have a support. Do you know you Roverstone fell to 1.06, I actually spent half a million to pick up the shares to prevent force selling? So we have to co-operate and stop the madness of force selling please
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not_98percent Senior	12-Jun-2021 18:18        not_98percent About Contact  Quote this Post!
x 0   x 0  Alert Admin	May I ask some dumb questions ..... are recent days' (past week or so) trading PATTERN and VOLUME consistent with what you are asserting / explaining below? Thx investor999      ( Date: 12-Jun-2021 17:02) Posted: Dear Phillip Tan, Sutiono and others: CFD trading, Margin Trading and Cash ( aka contra ) trading I would like to present my insight of the interplay of the above with regard to the glove counters CFD margin rates varies. It varies with different counters and also the margin ratio varies on different tiers.  Example in IG CFD platform the different ratios are 1) Riverstone Holdings 25% up to 17,300 shares 40% for 17301 to 51,900 shares 60% for 51901 to 95150 shares 75% for 95151 shares and above 2) Top Glove 25% up to 147,000 shares 40% for 147101 to 441,000 shares 60% for 441001 to 514500 shares 75% for 514501 and above It means that the more shares you have the more cash you need as for 75% means you can only loan 25% of the share price The big holders in CFD are disdvantage when the market falls. If you want to hold big positions, don' t use CFD, use margin account.  However margin account has a maximun cap to the valuation of the stock. Example if your boker place a cap of $700,000 for your Riverstone valuation, your valuation will not increase if the stock price increase. At price of $1.33, $700,000 translate to 526,300 shares. Is Riverstone overbought or oversold? - It depends on your leverage. If you leverage to the maximun, you have overbought.  I believe the recent selling is due to the overbought position of some BB. Therefore he needs to sell. The amount to sell is huge and at short notice, you cannot find buyers to pick up the shares. However in order not to be force sold, the BB sold to its cash position ( aka contra ). He hopes someone will buy over in the next 3 days. If a few people are doing this, they actually drive the share price down. There will come a point when some people will buy when the price is cheap enough. Then we will have a support. Do you know you Roverstone fell to 1.06, I actually spent half a million to pick up the shares to prevent force selling? So we have to co-operate and stop the madness of force selling please! PhillipTan      ( Date: 11-Jun-2021 16:10) Posted: And yes, disadvantages of CFDs outweigh advantages High risks (ie. disadvantages and potential losses) = High returns (ie. potential to earn a lot more with the same amount of money)
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investor999 Elite	12-Jun-2021 17:02        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dear Phillip Tan, Sutiono and others: CFD trading, Margin Trading and Cash ( aka contra ) trading I would like to present my insight of the interplay of the above with regard to the glove counters CFD margin rates varies. It varies with different counters and also the margin ratio varies on different tiers.  Example in IG CFD platform the different ratios are 1) Riverstone Holdings 25% up to 17,300 shares 40% for 17301 to 51,900 shares 60% for 51901 to 95150 shares 75% for 95151 shares and above 2) Top Glove 25% up to 147,000 shares 40% for 147101 to 441,000 shares 60% for 441001 to 514500 shares 75% for 514501 and above It means that the more shares you have the more cash you need as for 75% means you can only loan 25% of the share price The big holders in CFD are disdvantage when the market falls. If you want to hold big positions, don' t use CFD, use margin account.  However margin account has a maximun cap to the valuation of the stock. Example if your boker place a cap of $700,000 for your Riverstone valuation, your valuation will not increase if the stock price increase. At price of $1.33, $700,000 translate to 526,300 shares. Is Riverstone overbought or oversold? - It depends on your leverage. If you leverage to the maximun, you have overbought.  I believe the recent selling is due to the overbought position of some BB. Therefore he needs to sell. The amount to sell is huge and at short notice, you cannot find buyers to pick up the shares. However in order not to be force sold, the BB sold to its cash position ( aka contra ). He hopes someone will buy over in the next 3 days. If a few people are doing this, they actually drive the share price down. There will come a point when some people will buy when the price is cheap enough. Then we will have a support. Do you know you Roverstone fell to 1.06, I actually spent half a million to pick up the shares to prevent force selling? So we have to co-operate and stop the madness of force selling please! PhillipTan      ( Date: 11-Jun-2021 16:10) Posted: And yes, disadvantages of CFDs outweigh advantages High risks (ie. disadvantages and potential losses) = High returns (ie. potential to earn a lot more with the same amount of money)
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TikTalk Supreme	12-Jun-2021 16:15        TikTalk About Contact  Quote this Post! Style: Combined   Mood: Yells: "Anyone miss me?"
x 0   x 0  Alert Admin	Hello Sis, This stock is already weaker than I would like to see, I read here its also due to force selling of  CFD account, if really so then not as bad, I personally would prefer to see a rebound starting next week, but market can go into oversold condition longer if whats going on in Malaysia does affect the stock further.  Technically I wouldnt want to see it break 1.29 being the nearest low.   cucina      ( Date: 12-Jun-2021 15:12) Posted: Bro Tik Talk, Thanks for the comparison table.  When do u see Riverstone may stage a turnaround?  Below 1.30 or about now? The Msian govt has just announced another 2 weeks lock down till end June.  So, wud this delay it?
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cucina Master	12-Jun-2021 15:12        cucina About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Bro Tik Talk, Thanks for the comparison table.  When do u see Riverstone may stage a turnaround?  Below 1.30 or about now? The Msian govt has just announced another 2 weeks lock down till end June.  So, wud this delay it?
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sutiono Veteran	12-Jun-2021 14:16        sutiono About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very Good Info ! Thanks. TikTalk      ( Date: 12-Jun-2021 14:06) Posted: Comparing Riverstone, Top Glove & Medtec. Riverstone March High $1.34, May High $1.52 Now $1.32 Top Gove March High $1.70, May High $1.95 Now $1.56 Medtec March High $1.06, May High $1.14 Now $0.95 Since March Riverstone is 2 cents below its March high, while Top Glove is 14 cents below and Medtec is 11 cents below its March high, -1.5%, -8%, and -10.4% respectively Since March Riverstone rallied to a high by 18 cents, Top Glove rallied by 25 cents and Medtec rallied only 8 cents to its May high, +13.4%, +14.7% and +7.5% respectively. Since May high, Riverstone was down 20 cents while Top Glove was down 39 cents and Medtec was down 19 cents, -13%, -20% and -16.6% respectively. Based on above Riverstone has outperformed during recent time in the glove sector and Medec has underperformed. All the bre@st to whichever counter you prefer.
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TikTalk Supreme	12-Jun-2021 14:06        TikTalk About Contact  Quote this Post! Style: Combined   Mood: Yells: "Anyone miss me?"
x 0   x 0  Alert Admin	Comparing Riverstone, Top Glove & Medtec. Riverstone March High $1.34, May High $1.52 Now $1.32 Top Gove March High $1.70, May High $1.95 Now $1.56 Medtec March High $1.06, May High $1.14 Now $0.95 Since March Riverstone is 2 cents below its March high, while Top Glove is 14 cents below and Medtec is 11 cents below its March high, -1.5%, -8%, and -10.4% respectively Since March Riverstone rallied to a high by 18 cents, Top Glove rallied by 25 cents and Medtec rallied only 8 cents to its May high, +13.4%, +14.7% and +7.5% respectively. Since May high, Riverstone was down 20 cents while Top Glove was down 39 cents and Medtec was down 19 cents, -13%, -20% and -16.6% respectively. Based on above Riverstone has outperformed during recent time in the glove sector and Medec has underperformed. All the bre@st to whichever counter you prefer.
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