| Latest Forum Topics / Riverstone Last:0.855 -- |
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Global Logistic
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wavehunter
Supreme |
21-Sep-2021 16:43
Yells: "Trade what you see, not what you hope to see." |
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Her pre-pandemic level is around 50 cts. Which means almost a 50% drop in her stock price from current level. Shake head. Take care, guys. .
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msksmsks
Supreme |
21-Sep-2021 16:42
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Every biz up thru up & down cycle
In every industry, there wl be some that outperformed its peers with it's resilient biz model. Cannot lump all the same . Jus like within a class, there wl be those smarter one than the rest. Be discerning and able to seive thru and demarcates the GEM within a pool of rocks . Cheers |
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mrwise
Supreme |
21-Sep-2021 16:22
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Should be back to $1 soon!!!! Fast n Furious!!
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mrwise
Supreme |
21-Sep-2021 16:17
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BIG PUMP UP soon!!! | ||||
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wavehunter
Supreme |
21-Sep-2021 16:14
Yells: "Trade what you see, not what you hope to see." |
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Cheap is relative to time and market conditions. My recommendation is do not BUY & HOLD this stock. Trade it. If you managed to buy low, sell when the next bounce fizzles out. Dont hang on to it and keep in your freezer. Over time, this stock will trade lower and lower. It is going home. And home is at where her pre-pandemic level is.  All the best to those still holding.  |
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beng1102
Elite |
21-Sep-2021 15:54
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Historical cheap now and people should ignore the noise and start buying up.  Old monkey ran and new monkey will come back jump up the tree.
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wavehunter
Supreme |
21-Sep-2021 15:49
Yells: "Trade what you see, not what you hope to see." |
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" Should recover" is what we often hear. It is also what we often say ourselves. But the reality is no amount of saying " should recover" will make a stock price go up. People must buy. And buy aggressively. By that, I mean buy by taking from the sellers, not queue and wait to be thrown to. If all the buyers of a stock on a given day managed to buy whatever amount they wanted and all of them bought by queueing and waiting for their orders to be filled and none of the buyers bought by grabbing from the sellers, what does that mean? It means the stock price fell. Each time one level of buyers got their orders filled and when there are no more buyers there, the next lower level of buyers then got their orders filled and so on and so forth, what it means is that as BUY orders were filled, first, the higher levels and when there were no more, then the lower levels, it means the price is dropping. So before Riverstone can recover, buyers must buy aggressively by grabbing from the sellers. Is that how most of the buyers here got their scrips.... by grabbing from the sellers? I dont think so. And elsewhere, I believe those who bought also did not grab from sellers. They queued and waited to be thrown to. Then how can the stock price recover? Taking a loss is the most difficult thing to do. When I was last posting here, this stock was trading at between 1.09 to 1.62. When she was at the higher end of this range, my recommendation was to sell at best into strength and not to hope for her to return to the peak as the monkey is not coming back to help you. When the monkey comes, he comes here to make money from you. Not help you. Never. So get real. Those who took up my suggestion to cut at best especially those who did it at the higher end of that 1.09 to 1.62 range, will today be glad they did so. Becoz she is now trading at 0.935.......my goodness. |
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beng1102
Elite |
21-Sep-2021 15:30
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Broader market is recovering.  So this one should recovery even faster.  So very likely to close in positive region today.
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PQTPQK
Supreme |
21-Sep-2021 15:29
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oversold ....
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wavehunter
Supreme |
21-Sep-2021 15:28
Yells: "Trade what you see, not what you hope to see." |
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Midtermer
Master |
21-Sep-2021 15:16
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Added some too.
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wavehunter
Supreme |
21-Sep-2021 15:01
Yells: "Trade what you see, not what you hope to see." |
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Bro Luzern, Seems like the people who used to be here have been replaced by new faces. In any case, when I was last here, Riverstone was still trading at 1.09 to 1.62. Her low back then was 1.09. I see that she has now become a penny stock. I wonder how many of those stuck at above 1.62 are still holding on to their scrips. The monkey never came back. Why would he? The first time round when he did his PUMP & DUMP, tons of retail players chased the stock hoping to grab their share of the pot of gold. And whilst retails chased, the monkey offloaded his scrips to them. After that the monkey run road. You can fool people once. But to fool them again with another PUMP & DUMP, not so easy. Coz people will once bitten twice shy. And people wont chase anymore the 2nd time round. Instead, those stuck will seize the lifeline to throw back. If there is a 2nd PUMP & DUMP. And the monkey knows that. That' s why he wont do it. It is easier to fool people by doing this PUMP & DUMP in another stock whenever a story can be spun to support it. Since the monkey wont come back to do another PUMP & DUMP, then those stuck higher wont ever get their lifeline to get out. For these people, they are left with 2 options. One is to keep the stock and do nothing. It will be like keeping ice cubes in your palm. They will melt away. The other is to sell into the next bounce, if any, to salvage what' s left of your capital.  Riverstone was unknown, unheard and unseen before the pandemic. COVID-19 gave the monkey an opportunity to stir up hype and interest to do a PUMP & DUMP. Same for the other 3 COVID stocks, namely, Medtecs, Top Glove and UG Health. All 4 COVID stocks were targeted for PUMP & DUMP. Only those savvy enough to get in early and get out before or soon after the peaks were reached profited immensely from the monkeys' work. Most, who did not, became stuckists. For these people, either do nothing and remain stuck or sell at best to unstuck what' s left of your capital and move on. Before Riverstone returns to the level where she was before the pandemic. All the best.
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ksangks
Senior |
21-Sep-2021 14:59
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drop 20% in 2 days , bought some today . | ||||
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msksmsks
Supreme |
21-Sep-2021 14:01
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With yr apperance,  i knew the downtrend gonnna end soon.... You are my marker....Tested and proven.  LOL Cheers 
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Checkerman
Master |
21-Sep-2021 13:48
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better dun touch this medical stock going downhill soon
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msksmsks
Supreme |
21-Sep-2021 13:33
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If UG and Medtec can rebound and turn positive, i hv no reservation tat this one wl be next. Lets see Cheers  |
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beng1102
Elite |
21-Sep-2021 12:44
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Now 0.905 only.  It looks like both buy and sell are well controlled and engineered.
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msksmsks
Supreme |
21-Sep-2021 12:37
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either scare tatic or force sale.......
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beng1102
Elite |
21-Sep-2021 12:24
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Suddenly queue is missing from 0.905, 0.91, 0.915 and 0.92.  Last traded price before luch break is 0.92.
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msksmsks
Supreme |
21-Sep-2021 11:55
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Food for thought........ Once TG get listed in HSI, wl they still  follow Bursa ?  I doubt so... Cheers   
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