uncle last article usually will be: 1)i made $xx million 2)broker cutting limit, and glove PE too high 100X ... cant top up cash there fore have to sell... 3)good luck and may god be with you.. to rest of you still holding...
soon kyy new article will come out ..... i have sold all my holding due to margin call from bank and not i wanted . Same like hengyuan ... article come out after few days when the price drop to bottom .good bye boy
wait for show...............but one thing I know..............more people lose money on the way down, cheap ah ....then chasing shares............
if anyone has insider information, u will soon find, orders have dried up/ drying up as actual usage is no where near stock piling rates in April / May driven by panic, fear, media.
if prices for mask cloths in China can drop by 95%, why not gloves?
vicious cycle.. margin holder sold...contra no chance but to sell...those who bought early @3 also selling to lock profit. wait for support before entering
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I believe the force selling on Comfort is very bad. If you are still in profit, take profit. The reason for big drop on Comfort is because there is no analyst covering this stock. I prefer to buy on weakness on Supermx now because the target price set by broker is 10.00. I believe the share price of rubber Glove stocks is not peak yet. The share price will rebound after this correction. Please be informed. Tq. Ooi
Stay away. Its over. Its on its way down to 2.40 - 2.80 range to move sideways in that range n will fall back to 1.20 - 1.50 in coming weeks for a bearish head n shoulder formation.
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Posted by Hush77 > 2020-06-03 09:28 | Report Abuse
kyy = big margin buyer