Latest Forum Topics /
Riverstone
Last:0.87
-0.015
|
|
|
RIVERSTONE HOLDINGS LIMITED
|
|||||
|
wavehunter
Supreme |
25-Dec-2020 11:31
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Ya. No honey, no monkey. No monkey, no money. No money, no honey. No honey, no horny.    ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
fatpanda
Supreme |
25-Dec-2020 09:44
Yells: "Another wonderful day!" |
||||
|
x 0
x 0 Alert Admin |
Monkeys always follow the honey. If you found honey in SGX pasar, then monkeys would be there too.    | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
wavehunter
Supreme |
25-Dec-2020 01:12
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
![]()  
|
||||
| Useful To Me Not Useful To Me | |||||
|
investor999
Elite |
25-Dec-2020 00:55
|
||||
|
x 0
x 0 Alert Admin |
Roger.
I will take the first wave up and you do the second while I hold
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
25-Dec-2020 00:49
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Bro investor999, For the sake of many people here and elsewhere who are stuck in Riverstone, I hope you are right that the monkey is back. Becoz only the monkey has the firepower to transform a glove into a rocket. If the monkey is back, the price action should start to see a higher high higher low price pattern. And hence the stock wouldnt be allowed to go back to 1.06 again let alone go lower. And we should also be seeing the stock making newer highs. Which means 1.21 will break and we should see higher. Then test the resistance at 1.28 and take it out. After that test an even stronger resistance at 1.42 and take it out too. Daily volume should also rise. And the 20-ema (red line) will start rising first followed by the 50-ema (green line). The above is what we should be seeing from next week onwards if a monkey is in the driver' s seat. All the best to you guys then. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
investor999
Elite |
25-Dec-2020 00:39
|
||||
|
x 0
x 0 Alert Admin |
Thanks for your honest comments.
But believe me, I think the Monkey is already back.
Why?
Because I got swallowed at 1.10 and could not buy back.
Chased all the way to 1.16.
Now I won't sell because I might not be able to buy back.
Let's say the Monkey is not here and RS fall back to 1.06,.I will be very happy to buy more cos I had seen the rise which will happen again
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
24-Dec-2020 23:34
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Oh I see. I get it now. If I say something negative about this stock, I am bearish.  ![]() If I say something which is neutral, I am bearish.  ![]() If I say anything at all...so long as it does not help this stock to rise, I am bearish.  ![]() Only if I say something positive and bullish for this stock, then I am neutral.  ![]() That' s interesting.    ![]() I usually speak my mind based on charts, newsflow, price action and especially when there is a monkey in the driver' s seat or if the monkey has left the driver' s seat. Whatever is one' s mid term or longer term perception of the FA of any stock, once there is a monkey in the driver' s seat, nothing else matters. And the only thing which matters is which way is the monkey going. I mean what I say and I stand by what I say. Any stock which has a monkey, if you see him, study the price action to figure out which way he is going and follow him. That' s all you need to do. FA...you can chiam see throw out the window becoz it wont matter. Becoz a monkey dont give a shit to what the FA says. A monkey will do whatever he needs to do to make money. That' s all that matters to him. Once there is a monkey in the driver' s seat, you cant use logic and common sense at face value anymore. Becoz if the monkey wants to, a stock with good FA can be whacked down and a stock with so-so FA can be pushed up. Which is why I say you cannot use logic and common sense at face value anymore. You cant say a stock with good FA can only go up and can never go down. Says who ? The monkey will show you logic can become illogical and common sense can become uncommon.  Like many of you, what I learnt from books, online articles, videos, investment seminars and talkshows about the stock market was a company with good FA and good earnings will always see its stock price rise and a loss-making company will always see its stock price fall etc etc etc. Logic and common sense also told me these people are all correct. Until I learnt about monkeys. And came face to face with them with my own eyes. And kena whacked left right centre by them.  And kena conned by them and have them robbed me of my capital. And after many encounters with such monkeys, I came to the following conclusions about the stock market and about a few Golden Rules we must constantly remember and embrace if we dont want to lose money in this game: 1. Stock prices are not random. They are highly controlled whenever there is a monkey in the driver' s seat. 2. It does not always follow that stocks with good FA will rise and stocks with poor FA will fall or companies which report higher earnings will see a rise in their stock prices and companies which report lower earnings will see their stock prices fall. Whatever is the state of a company' s FA or earnings, whoever is willing to risk the most amount of money on that stock gets to say whether that stock goes up or down. Yes, he who pays, hears the tune. Whoever slots a coin into a jukebox gets to pick the song, isn' t it ? 3. Never trade against a monkey. Always be on the same side as the monkey. 4. Once a monkey leaves the party, that stock will start to trade to the downside. I have never, not even once, witnessed a situation where after the monkey has left the party, the stock, where only retail bulls and bears were the ones left to play by themselves, started to rise higher and higher. Not once have I seen this. But a stock which fell and fell after the monkey has left the party, I see this ALL THE TIME. Just look at all 4 COVID stocks. All 4 had a monkey. Their monkeys left. All 4 fell after that. Pure coincidence ? Cant be so CHUN bah ?  So back to what is going to happen to Riverstone. The monkey must come back first. If he comes back, the sky is the limit. She can rise to as high as the monkey wants. But first, the monkey needs to be back. Otherwise, if only retail bulls and the CEO are the ones doing the buying, then all of you have already seen what this type of buying can do for the price for the last 3 months from Oct to Dec. Just look at the chart. What you see is what you get. This is not about whether I am biased towards bearishness and whether I only say negative things and not positive things. This is about what the chart says. And it is as clear as daylight that in spite of the CEO buying so many times and retail bulls buying, the stock has been falling in the last 3 months and has fallen some 94 cts from $2.00 to $1.06 and we haven' t seen this stock reverse her downtrend yet. So why are you people expecting me to say positive and bullish things about this stock ? If I do that, I will be just patronising you people, isn' t it ?  The monkey must come back. Once we have that, then you guys can breath easier. . ![]()  
|
||||
| Useful To Me Not Useful To Me | |||||
|
wallstreet99
Member |
24-Dec-2020 20:57
|
||||
|
x 0
x 0 Alert Admin |
South African Covid-19 variant may be ' more effective at spreading'https://www.theguardian.com/world/2020/dec/23/south-african-covid-19-variant-may-be-more-effective-at-spreading |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Eatall
Veteran |
24-Dec-2020 18:27
|
||||
|
x 0
x 0 Alert Admin |
Merry Christmas...
Let him be... He only target 🎯 River. STONE... LOL
|
||||
| Useful To Me Not Useful To Me | |||||
|
ss2017.
Supreme |
24-Dec-2020 18:16
|
||||
|
x 0
x 0 Alert Admin |
Your view is consistently biased over bearishness. You choose negative views most of the time, therefore from your action so far you are not neutral.
If you are neutral. Somehow you should mention in your scenario study when there is a slight positive up tick of this stock and honour them. It is alright you bear bearish view. But are you selling this bearish view to influence others consistently with consistency week after week? Put your intention clear! Merry Christmas to you.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
24-Dec-2020 17:56
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
From her Daily Chart, her primary direction is down. If I am bearsh, I am following her primary trend. If I am bullish, I am going against her trend. As a rule of thumb, it is easier to go with the primary trend than to go against it. Just like it is easier to run with a stampede than against it.  I can trade from either direction. But I am not vested. Hence what I say, I am not coloured by which direction I am vested. And what I say is largely based on what I see from her recent price action. I have no personal interest to see a stock go up or down. It doesnt matter to me which way it moves becoz I can trade in either direction and still profit from whichever direction it chooses. Looking at the big picture, this stock was on its way down starting from her Last High at 2.00. She found a bottom at 1.06 recently. Whether that is the real bottom or only an interim bottom... the jury is still out there. If she has bottomed out at 1.06, then she is currently in consolidation mode to construct a launch pad at 1.06 to 1.21. She may stay here for a while. Immediate resistance is at 1.28 followed by 1.42. To have any chance of going higher, she must retest and demolish both these resistance levels. If she has not bottomed out yet at 1.06, then she has gone into a pause from falling. This fall started from 2.00 and found a staircase landing at 1.06. She is now consolidating to take a break. If she can somehow find the strength to break her resistance at 1.28 and 1.42 to go higher, then there is a change of plans. But if she cannot break those resistance levels even when there is positive newsflow for this counter, then the argument strengthens for the bears that she has not found her bottom at 1.06 yet. When the next piece of negative news for this counter hits the market, she will resume her expedition to the South and that' s when we will see 1.06 stand aside and let her pass thru.  This story is still being told by the market. We can only wait. What I have written is about as neutral as anyone can get. But if I still KENA from the people here for saying what I said, then it only proves that for some of the people here, the only correct view is one which is in line with their vested interest. And if so, then I shake head. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
sting93
Member |
24-Dec-2020 14:16
|
||||
|
x 0
x 0 Alert Admin |
Haha u guys should compete by seeing who can make the most money out of this stock or overall portfolio return like how we compare fund managers performance.  It' s a given that stock price will go up and down, no straight line up or straight line down. If next monday drop sparrow bro will come out say he right. Tuesday recover up, he quiet quiet. Ownself say ownself shiok?  ![]()  
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Sparrow999
Senior |
24-Dec-2020 14:03
|
||||
|
x 0
x 0 Alert Admin |
Still too early to tell.... haha  
|
||||
| Useful To Me Not Useful To Me | |||||
|
Sparrow999
Senior |
24-Dec-2020 14:02
|
||||
|
x 0
x 0 Alert Admin |
U like that trade shares sure loss big time one. Anyhow buy without analysis TA or overall world situation   
|
||||
| Useful To Me Not Useful To Me | |||||
|
investor999
Elite |
24-Dec-2020 14:01
|
||||
|
x 0
x 0 Alert Admin |
so far you have not been correct. Have to change
|
||||
| Useful To Me Not Useful To Me | |||||
|
investor999
Elite |
24-Dec-2020 13:55
|
||||
|
x 0
x 0 Alert Admin |
Traders are agile. can change from bearish to bullish quickly. Investors are a little slow to react or react too fast I thought Riverstone bottomed at 1.10 and went all out to buy below that. Too fast and too much. Had to sell at 1.10 as I could not hold and saw the price went up to 1.20 But I changed my mind quickly and bought back at 1.16 Luckily managed to buy back some but still loss quite alot |
||||
| Useful To Me Not Useful To Me | |||||
|
3DecadesTrader
Veteran |
24-Dec-2020 12:38
|
||||
|
x 0
x 0 Alert Admin |
@wavehunter, can u edit & make the wakeboarder goes on top of the wave?   lolllllllll
|
||||
| Useful To Me Not Useful To Me | |||||
|
ss2017.
Supreme |
24-Dec-2020 12:35
|
||||
|
x 1
x 0 Alert Admin |
Please stay positive it is good for you. Negative energy is no good for festival.
Mind set change is not easy. I hope you stay balance. Actually all medical stocks are not bad, you just need to change your views of interpreting information.
|
||||
| Useful To Me Not Useful To Me | |||||
|
wavehunter
Supreme |
24-Dec-2020 12:05
Yells: "Trade what you see, not what you hope to see." |
||||
|
x 0
x 0 Alert Admin |
Yes, ride the waves. . ![]()
|
||||
| Useful To Me Not Useful To Me | |||||
|
fatpanda
Supreme |
24-Dec-2020 12:00
Yells: "Another wonderful day!" |
||||
|
x 0
x 0 Alert Admin |
Wave lai liao.... Ride the wave!  Hehehe... Bro Wave. Thank for sharing your view. Merry X' mas! | ||||
| Useful To Me Not Useful To Me | |||||











