Latest Forum Topics /
Riverstone
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STI to cross 3000 boosted by long-term investors
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investor999
Elite |
20-Mar-2021 10:46
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The ones who borrowed shares to short are broking houses. They might have already knew. That is why they dared to borrow and short and didn't cover even with good results and dividends. Since the insiders already knew they were not afraid to short. Who among retail buyers dared to borrow and short with such good earnings | ||||
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investor999
Elite |
20-Mar-2021 10:38
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I think a few institutions sold. Retail players might be the ones received | ||||
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look@bright
Elite |
20-Mar-2021 10:32
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They just wanna closed off their short position to take profit and of course at the lowest possible share price right? They are many  institutions tho, this could be one of them only. It also doesn' t mean they had run road. They will start buying again on the long side and short again when the price hit certain levels. They always have 2 positions all the time and many accounts isn' t it.
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investor999
Elite |
20-Mar-2021 10:26
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May crash Monday to 1.1 | ||||
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investor999
Elite |
20-Mar-2021 10:25
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While there is still time please quickly top up your margin and CFd account | ||||
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investor999
Elite |
20-Mar-2021 10:24
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Next week margin calls. Some on CFD with stop loss trigger automatically close position at loss. Then the monkeys then come to pick up pieces. | ||||
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investor999
Elite |
20-Mar-2021 10:19
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So it was pump and dump They bought up to 1.58 then while buying they shorted same time. Once done they tried to dump but couldn't get sufficient buyers. That is why we see big volumes on matching apparently pushing up only to withdraw at last moment to sell to traders following. All these are monkey businesses. Now they dumped and close shorts leaving us holding | ||||
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investor999
Elite |
20-Mar-2021 10:08
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That means they exited
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ffff152100ffff
Master |
20-Mar-2021 09:47
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Look like will be further drop due to covid getting lesser and lesser, unless covid suddenly up alot back and will up back... | ||||
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look@bright
Elite |
20-Mar-2021 09:41
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One stone kill 2 birds. Institutions closed their short position and long position at the same time matching $1.24. Suspect their long position bought around $1 and their short position shorted when it was around $1.50. This is their  win win tactics which retailers like us cannot do. | ||||
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investor999
Elite |
20-Mar-2021 05:39
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But how does triple witching work here? I agree it is true selling but why so huge > 10 millions? Did they agree a loan period of certain time? On the whole glove sector seems bottomed out. If we look at big chart pictures, Top glove is only bottoming and moving up. UG health just return to almost same price. RS is still up but the last two trading days more like capitulation | ||||
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happy2020
Senior |
19-Mar-2021 23:21
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Thanks but can' t figure out how its related to the share price in this case..
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Thiamm
Veteran |
19-Mar-2021 22:35
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triple witching
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happy2020
Senior |
19-Mar-2021 22:25
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Its a force sell for 12 million shares so the system must have chosen a convenient price to accomodate the needed volume..  So even if  you had queued to buy at 1.28, 1.27, 1.26, 1.25, you will be offered at 1.24.. 
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Newbies4237
Member |
19-Mar-2021 22:19
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In fact I am very positive on this selling, cos when someone sell mean someone buy. If the buyer can afford to eat in so much then they will try mean and ways to push up the price in order to gain. If not, they can' t be keeping so much stock on hand. Second, not all cash upon buy, so that mean some will be under contra, meaning that they will have to push it up before settlement date if not they will lose a lot. So be positive, whoever can afford to eat up so much will be able to afford to push up the price.  | ||||
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happy2020
Senior |
19-Mar-2021 22:15
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Who will sell at $1.24 at a lost.. if $1.24 on monday, its good to buy more.. but very unlikely.. There will be shortist trying to cover their positions if  still at $1.24.. so dont worry.. Be happy.. your weakness is someone' s profit.. so dont show your weakness,. Be positive.
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johnsonyew
Senior |
19-Mar-2021 21:34
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yes, can do at 1.28 but did at 1.24, next monday how to rebound back to 1.28? impossible right
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Sgvale
Supreme |
19-Mar-2021 21:29
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Puzzled 128 can do but done at 124
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investor999
Elite |
19-Mar-2021 21:29
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Left hand and right hand that is why millions. What percentage are these of outstanding shares? | ||||
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johnsonyew
Senior |
19-Mar-2021 21:15
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i wish to positive, but it force sell at 1.24 with huge volume, it can sell at 1.28 but sell at 1.24, the support line at 1.28 is break, no more hope
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