This guy is good. Credit to him !

Posted by rr88 > Sep 10, 2020 10:57 AM | Report Abuse

End of technical rebound. It will drift lower n stay low all day long.

The trend looks limit down today. Be cautious traders !

Some said long term and not panic but still blaming others. Some still say it out still profiting arrogantly better think again. Your huge amount of profit was wiped out just in few days time. It is painful but its reality. Just keep your winning record quietly. This is a big lesson for those who big mouth !Now you know what hit you all ?

No one is happy with others suffering. These gloves stocks and investors must not be greedy and hoping to make profit at the mercy of COVID-19. This is only surface. Do you all still don't know what is going on and really hit you ? Seriously ?

Someone mentioned about Tesla. Please do not compare Tesla and Supermax. One company is producing robotic car and creating futuristic vehicles for consumer and still advancing and saving the ozone one day. This one is making profit at the mercy of COVID-19 positive and death cases. Investors are too greedy and keep praying for prolong Covid-19 and more positive cases so that their investment will be justified and shares price keep appreciating. Too many greedy investors and for the wrong reasons.And karma strike !

Company profiting at the expense of more Covid-19 positive and death cases ? You will not able to spend the profit if you keep hoping the share price to appreciate due to this reason. The people will bash and curse the stocks until the vaccines are out to help the poor people out there.

Profits and numbers are not relevant anymore. Price stabilization will happen as the hype is already over due to various factors.

You will not make decent profit from these gloves company. Investors and traders are constantly hoping for the worst of COVID-19 so that the share price will incline further. This is totally unethical and brings karma. Perhaps you can only hope for good dividends since the profit and numbers are still solid.

This is quite steep and a painful correction. Hope everyone have learned a good lesson and stop listening to rumors mongers and duped into buying at the peak. Trade cautiously. Overall volume is shrinking.

1. No one is buying as aggressive as before as investors and traders are badly hurt.
2. Vaccines news out and gloves hypes are slowing down.
3. Fairy tales share prices ended prematurely last 2 weeks after Bursa curbed unscrupulous trading.
4. Economy is bad and reality set in gradually.
5. Gloves numbers are real but prices sentiment stabilized.
6. Long term investors are for dividends and traders must stay away if you have limited capacity.
7. Gloves company prices incline due to more positives cases and casualties. Greedy investors are hoping for this. Bad investment ethical and the evil will not prevail the good forces.
8. Every pennies investors gained are from other unfortunate investors and traders. Don't simply believe that Gloves company will continue to spike and there wont be heavy correction.

Please read and understand the gloves sector and technologies stocks bullish sentiment. Gloves and pharmaceutical stocks bullishness have lifespan and technologies stocks don't. Gloves companies are bearing the ultimate concern about the vaccines readiness and soon the supply will supersede the market demand. Technologies stocks will continue progressing due to the Covid-19 painful lesson and more businesses turning into tech modules.

As I have shared earlier, Malaysia bull market is formed at the mercy of all type of investors and traders due to the lock down and pump and dump market. Soon it will be settled down and harsh reality will set in.

Henceforth the losers have to pay for the gainers regardless it is a long or short term investments. Trade prudently as the signs are all there.

For those all sore losers, just admit Supermax and gloves demand are very much alive. I was one of them who predicted gloves sentiment was over last 2 weeks but obviously this is not the case. Kudos to those who done lots of homework and you have proven your case.

Investors should able to see that big funds managers have switched their portfolios by end of the session. They moved from all those non performing index stocks to Supermax and Kossan.

We should support Malaysia rubber gloves company and its production. This will helps Malaysia economy to rebound in a faster rate in this Covid19 pandemic. Everyone needs to survive. Keep going Gloves stocks and all the prudent investors.

Let me ask all of you. How many of you have really experienced stock market since 1988 ? Which market have you gone through? Let me share the myth what is really stock market and general opinion which including Supermax and other stocks at this current situation.

Gloves stocks days are numbered whether you like it or not. It is heading the downtrend when the uptrend was already peaked and limited. You have heard about vaccines are available soon but yet you are in the denial mode because you are still holding the positions. If your decision and instinct are accurate, you should have making some profit by now. Always remember this that they are no 'Jongker' in stock market. Every penny you made are from the other careless investors. But of course we have not included the fund managers and also silent speculators and the one who can influence the market direction.

I want to point out that this bullish stock market is at mercy of Covid-19 and very badly hit Msia economy for long term. The statistics are getting worse in each quarter I am sure. Yes company with good profit doesnt always reflect the share prices. Its the investors and traders who determine the share prices. there are some good solid companies with significant profit results , yet the share prices are within certain level and low PE.

Dont listen too much and follow your investment instincts. The news and signs are out there but being stubborn wont bring you far but disasters. This stock market started from the wrong reasons but again this Malaysia stock market. Just be very cautious out there as small fish will be definitely eaten by larger fish.