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2020-12-25 18:57 | Report Abuse
Well said pBlue, Morpheus61 & Ben Tan. Very relevant points. Everyone has underestimated the Covid pandemic.Present wave is worse and with the mutations, that is not good news for the world. With the massive number of cases in US and the vaccinations going on , the usage of gloves would be much much more than anyone expected. If the vaccine is effective it will take at least 1 - 2 years before everyone is vaccinated. If it is not so effective or if the antibodies last for less than 6 months then revaccination needed. That will result in glove demand remaining high.
I own glove stocks and hardly have time to comment. Always wonder why naysayers have so much time to comment on stocks they dont earn. Merry Christmas and Happy New Year. All the best to everyone in 2021.
2021-01-17 10:16 | Report Abuse
Maybe they waiting for good vaccine news or when Malaysia starts vaccination. Then they will short because some retailers might panic sell. Right now not a good time to short because in Malaysia and all over the world , cases are at
All time high and vaccine news is not good (side effects and slow rate of Vaccination in US) Furthermore present price is low. Many are waiting to get into gloves at bargain price when they short.