end up, always the same result, institution makes money and the public and retailers losing (except some of them whom are lucky to buy at low and sell before the drop)
Washing has been done...If there is no big funds selling, the gloves counters will be flying again...all manipulate by IB....fundamental are good especially for the next quarter because of increasing ASP...
True Comfort has been oversold. Foreigners are back. Fewer contra players survived so price will be less volatile, no 4pm volatility. Will rebound to recent high point soon.
Take it easy! Only 1 week. Maybe another few more days before rebounding. Very very profitable next few quarters. How many counters has such prospect? Fundamental still intact. The bottom line is that Scientist still do not understand Covid well, but politicians are pushing the agenda and latest strain is 10x more contagious and only identified in July thus very likely not accounted for in most vaccine which is already in phase 3. Who would you trust? Politicians or our Dr. Hisham? Another disturbing fact is that many do not buy into this vaccine rush and will not take the vaccine even if one that is safe and highly effective available down the road whether in 2021, 2022, ........ (or worst case is that there is no safe and effective vaccine).
if everybody run, i will happy to collect cheaper... bring it on, sell more...
as you can see coming qtr will show another significant increase in profit, investor cant ignore profit, this is the fact
with more profit, can have more cash, can give big dividend and can expand business without the need to get loan
sale never come everyday, when come must grab fast before its gone !
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Posted by ZStrader > 2020-08-17 09:30 | Report Abuse
oversold edy... just hold