No worries. There is a BIG buyer collecting Comfort shares by capping the price at RM4.07. This counter will jump after they have collected enough. Good luck, guys!!
Today gloves take another hit with Modena Vaccine another 94% effective rate... no worries, it will go up again as soon as the hype is gone. Recovery stocks are like trading Pre Covid... totally unrealistic as the economy is going to get worse int the coming months. No other business is as good as gloves for 2021.
Tembok cluster in Kedah has 23 cases, while the Seberang Perai Prison cluster has one case. As the number of recoveries surpassed new cases at 2,112, the tally of active cases fell to 10,578. Total recoveries, meanwhile, stood at 54,759.
What a lot of glove lovers don’t understand is price won’t go up to ATH anymore, it only takes 1 vaccine news or director sell down to make your profits disapppear. Just let gloves die, there are many other more sectors to invest in. Your capital most important don’t fall in love with a cyclical sector where it only goes up during a pandemic. Market is forward looking
Most people believe that come January 1st, the whole world will be vaccinated. But the truth is, it will take another year or so. For every vacinated person, at least one pair of gloves will be used. So gloves will still be in high demand till the end of 2021, at least.
without fail, good QR from gloves = drop.. msia boleh 0 gloves produced, negative EPS, continue up.. that's why klci hard to gain any good foreign investment..
lol. don’t really think vaccine news have any impact like last time. if so mercator won’t be continously up till above 520 from 413 last few days. simply glove in malaysia like follow TG movement. so lau sai la today.
I can see that syndicates are pushing the prices down to collect. I believe they know that bonus issue is in the pipeline. They buy cheap, get more bonus shares and...... then push the price up to sell. In this way they make tons of $$$$$$$. Small players must have the holding power to play this game with the big boys.
Just buy when they push the prices down. You then sit down and sip your coffee. They will push it up for you to sell. Haha! U do your part and they do theirs.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
DreamWarrior
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Posted by DreamWarrior > 2020-12-01 01:44 | Report Abuse
Up 3.64%!!!