Oldman is right...in out in out end up lossing more than profit. buy keep and hold for long term become smart investor....wait for oldman blog again starting to scold those ignorance
Robbers pushing prise down again lar, so that they can buy low then sell hight.
Then repeat.
They will be all in again today before 5, or will push down further tomorrow. All in again.
Just hold, don't let them push down.
They will have no choice, but to come in again, because glove is sure bet till end of the year.... Then only the price can go high in shortest time la.
KUALA LUMPUR, July 16 (Reuters) - The U.S. Customs and Border Protection (CBP) has enforced a detention order on subsidiaries of the world's largest medical glove maker Top Glove Corp Bhd, an action intended to halt importation of goods from companies suspected of using forced labour.
The CBP website showed Top Glove Sdn Bhd and TG Medical Sdn Bhd were placed on its list on Wednesday but there was no statement explaining the action.
Top Glove did not immediately respond to a request for comment, while a query reached CBP outside its office hours. (Reporting by Liz Lee; Editing by Simon Cameron-Moore)
Tg was put on the detention list on Sept 30 last year. The detention order was revoked about six months later on March 24 this year...habis show for Tg....okokok No 2 has to takeover the role now.....let the game rolling....may be Comfort has substituted taking over part of Big4
Luckily sold all @3.79,glove counters are too risky and fragile now, with this piece of negative news, expect free fall this afternoon, take care guys.
@STFU_FU Accused me of spreading fear in the glove counters. If you are actually confident in your counters, why aren't you delighted to collect more at a lower premium? Kau beli sahaja la setiap Kali ia jatuh. Asal? Nak jual timer bomb Kau kepada orang lain ke? Too greedy not to lock in profit when you could?
Look, I didn't comment anything during the morning trading hours today, and the gloves in general are still red. We both know that IF the fundamentals are intact, my comments will have no impact on the prices. Trade at your own risk, and stop blaming others when you lose money. When you decided to enter at such a high valuation (when the risks outsize the rewards), you should have prepared yourself mentally well to lose it until the price to value equilibrium is reached. Grow up and stop being a man-sized baby. If you can't afford to stomach the paper loss, stick with FD or cash equivalents investment securities.
Of course, I am not going to hint the public that the gloves are way overvalued for free (TP is calculated based on overly optimistic approach). I was also promoting the public to invest and swim with the Sharks as well. For gloves, I don't care if it goes up or down. I just want to keep the trading VOLUME of all these expensive stocks high, and hence the trading REVENUE of my banks counters will be high.
Now, let me thank you for the free advertising. Now, more people know that banks' quarter earnings might be a lot more better than expected from all the trading revenues generated. I would also like to use this opportunity to invite glove punters to trade in the finance and plantations sector, which has less risk-to-reward ratio. Again, I really don't care where you trade. Just keep trading. More trading volume (especially for high price stocks) leads to more trading revenues to the banks.
PS: I am not telling anyone to sell the glove counters. In fact, if you are actually good at trading, stay! Despite all the risks, you still can reap a huge lot from all the volatilities here.
@STFU_FU If you are unhappy and vengeful, please come and 'spread fear' in the bank counters. I would be happy to collect more for my long term SLOW and STEADY investment. Thanks in advance
Small volume T2 today , good sign and it will fly up again after the clerance..solid support at 3.70 - 3.80 now , can add more in case drop to support level
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Posted by PZOGRO > 2020-07-16 10:05 | Report Abuse
Oldman is right...in out in out end up lossing more than profit. buy keep and hold for long term become smart investor....wait for oldman blog again starting to scold those ignorance