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Riverstone
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RIVERSTONE HOLDINGS LIMITED
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investor999
Elite |
19-Jan-2021 09:40
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Get ready for the jump to $2
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zandlery
Supreme |
18-Jan-2021 18:22
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There are no simple motive just BB changing if it true. Another BB took over at current price will sooner later push by the same BB that accumulate enough at current price.
The longer it doing cha cha certain level, the higher chance someone are accumulating at that price. Of cos volume contribute too.
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SGPhantom
Master |
18-Jan-2021 17:38
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Hopefully you are on the dot. I am not sure if it is accumulation or just BB changing hands. Once I can ascertain it is able to hold 150, and continue the climb, I will add. Cheers!
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zandlery
Supreme |
18-Jan-2021 17:12
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If the selling look like well absorbed, should be accumulating at current price range.
It will run when the trend of glove stock start again. At the meantime, do what necessary.
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SGPhantom
Master |
18-Jan-2021 15:12
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Amazed at last Friday' s  selling, as well as today' s . Pure absentee of real buyer. All done are at sell down prices. Luckily still well absorbed. |
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SGPhantom
Master |
18-Jan-2021 13:46
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sounds like a plan bro z!
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cucina
Master |
18-Jan-2021 13:40
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In general.  Not just this counter.   
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lhc1964
Senior |
18-Jan-2021 13:16
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Thanks for sharing .  Last friday hit the high of 1.53 , today low at 1.48 , the spread of only 0.05 is negligible . This has almost quite certain the buying is still very relentless .  
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investor999
Elite |
18-Jan-2021 12:49
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When CIMB sold and it went down. That meant they shorted.
When they bought it went up meant they covered shorts.
So they covered shorts last week.
This week they may short
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zandlery
Supreme |
18-Jan-2021 12:25
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Believe Singapore still well managed on the supplied.
Gotta see the supply n demand figures on those countries that are greatly affected by the COVID-19 to determine how are the actual situation. Anyway, reports have predicting the shortage will last at least for another year. Just whether individuals trust those report or not.
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lhc1964
Senior |
18-Jan-2021 12:24
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Thanks for sharing. Youmeant if CIMB bought in the past , price went up ?
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lhc1964
Senior |
18-Jan-2021 12:19
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For household glove , there is no shortage for sure , not too sure for clean room glove . For healthcare glove ,shortage is for sure , but how serious the shortage is ?
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zandlery
Supreme |
18-Jan-2021 11:37
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Looks like 150 is your own psychological level. My advise is don't look too closely at the price movement as it can be deceiving especially if accumulation period.
Look on longer prospect to decide.
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SGPhantom
Master |
18-Jan-2021 10:47
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I am at the crossroad to increase my holding or sell to reduce. Monitoring the 150 level closely.
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cucina
Master |
18-Jan-2021 10:22
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Just to share that I sold some last fri n buyers were mostly CIMB.   One observation in the past is when they sell price goes down n vice versa price rises when they bought.   Let' s see.   | ||||
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SGPhantom
Master |
18-Jan-2021 10:09
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Strong selling was observed last Friday, but well absorbed. Still no buyers today, and just pure selling. Hopefully its just profit taking, which is healthy given the recent run up. Still better to stay above 150 psychological level though. |
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SGPhantom
Master |
18-Jan-2021 10:01
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Your observation is astute. Just walk around and you can see the masks being sold at deep discounted prices compared to before. This just means over supply. I am in industry where gloves are required, and I can atest that we have no problem getting gloves now. I am unsure about healthcare / clean room.... they may or may not have enough, but stock piling is still the call. Agree with zandlery - difficult to revisist its former peak, unless something really bad happens. If it can reach it' s pre-split price, its already an achievement by itself.  
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lhc1964
Senior |
17-Jan-2021 10:18
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Fully agree , we are just stating the fact that the covid cases are more than before. One of the big worry is people are looking at the selling price of face mask . Face mask seling prices are so low now despite more covid cases .
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zandlery
Supreme |
17-Jan-2021 00:23
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Most of the time a beaten down stock hardly go back to it formal peak.
But glove stocks could possibly the exception on this. Current pandemic situation not in favor due to the new strain. Most government are more prepare than last year but apparently the pandemic situation does not improve significantly. Not wishing the world going to shit but it alrd does, current environment could fuel the glove stocks back to the peak or even higher. Just my honest opinion. |
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lhc1964
Senior |
16-Jan-2021 20:30
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Other glove counters looked weak except this one ?
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