Fomo fomo fomo. Lol

Fomo fomo fomo. Lol

Tradeview Commentaries (1st Feb 21) - Why GameStop’s Phenomenon Resonate with Malaysia’s Glove Retail Investors Part 2

In the past year, retail investors participation in stock market globally like US, South Korea were at record highs. This is largely due to the prolonged Covid-19 lockdown and flood of liquidity expanding the money supply in the economy (M3).

Locally, in 2020, foreign funds outflow from KLCI ballooned to RM25 billion. On the contrary, Retail investors were net buyers at RM14 billion and local funds at RM11 billion. Hence, it can be concluded it was retail investors who supported KLCI. As a result, Bursa is on track to deliver record profits for FY20/21 due to record high retail participation, so are the IBs and other brokerage firms. Active retail participation is a boon for the stock market. If social media changes the landscape and levels the playing field between retail investors and institutions, it should be welcomed. Of course some level of oversight is a must to prevent abuse however the same can be said towards the conduct of the Foreign IB whose research report was a sales piece to pitch to institutions to capitalise on RSS ban lifting in KLCI to short the 3 glove stocks. If Regulators intend to clamp down on retail investors, equal scrutiny should be accorded to those questionable IB’s analysis.

Irrationality in the stock market swings both ways and over time it will normalise. A fundamentally sound stock will not go down indefinitely. When the buying volume and momentum outweigh selling, the share price goes up and vice-versa. The point to note, however, it is important for funds to come in to support for share price ascension. For glove stocks, it has been punished irrationally and retailers banding together can be seen as a reactionary market forces.

Indeed, the circumstances of GameStop vs Gloves stocks while sharing a common distaste for shorters, the substance is different. Unlike GameStop, the Glove stocks are undervalued, delivering continuous record profits and good dividend yields. The demand won’t disappear overnight just as when I repeatedly said the vaccine announcements won’t eradicate Covid-19 instantly. 3 months since Pfizer / Moderna announcement, globally and Malaysia is in a much worst state than 1 year ago. For those who choose to ignore the supernormal profit of glove stocks, please reassess your valuation model impartially. This is not the same where a company disposes their core business and net a huge windfall, declare one-off dividend and is left without a profitable business the next year. How many times have we seen the glove stocks grow post pandemics (H1N1, SARS)?

I understand valuation is subjective. The argument can go on indefinitely. So let’s leave it as that. I am just a blogger and a retail investor. In my years writing, I have always put the interests of my readers and retail investors close to my heart. It pains me to see many subjected to losses resulting from “pump & dump” operations. This means I would not write on companies or sectors which I deem risky, questionable or fundamentally weak.

I would like to take this opportunity to share my honest view on the “Glove Movement” with retail investors.

1. Do not invest in glove stocks if you don’t believe in the fundamentals and not willing or able to hold for the long term.

2. Do not get carried away, caught up in the hype and be emotional. No point using hard earned money to spite anyone, be it IBs or shorters. They don’t care about you, only their books.

3. Do not use margin to invest in stocks, only excess cash. Invest within your means at all times (regulators can clamp down, banks can impose margin caps anytime)

4. Avoid structured warrants, derivative products especially if you have no knowledge.

The stock market will keep evolving with the advancement of technology. Retail investors, looking out for each other may just be a new way forward. I do not know for sure, but this is surely an experience we will all remember.

End Part 2

Source : www.tradeview.my

Haiya. JPM has to divert all their money to defend silver. Lol. Clear road ahead comrades.

Haiyaa. TG Singapore is up. Lol. Tomorrow Malaysia TG guarantee up up up.

https://www.nst.com.my/news/nation/2021/01/661964/health-dg-npra-approval-needed-any-company-can-distribute-vaccines

https://www.thestar.com.my/news/nation/2021/01/31/health-ministry-admits-delay-in-reporting-covid-19-cases-led-to-drastic-increase?fbclid=IwAR3cUtV3GfuM32y-suf8Z9unWXNU5D2oq8mimW-MSzOXfgaQkP5XXnhLMkk

Haiya. You sure first batch of vaccine coming in February?? Lol

Watch out for Elon musk tweet on Monday. Hahaha

Elon musk is the richest man in the world and he hates shorties the most. Lol

Haiyaaa. Elon musk is watching you all shorties. The more you talked the more he noticed. Lol

Haiya. The only way to kill the shorties is the mother share goes up as high as possible. Lol

Haiya. Shorties want to commit suicide by asking people to push the price higher and higher. Lol

Haiya. Shorties beware of Elon musk. He has deep hatred for shorties. TG is well publicised thanks to these naysayers. Lol

Bursanet don’t want limit up also no choice have to accept limit up. Lol

Elon musk just need to tweet TG on Monday. Lol

Haiya. Elon musk is the number one hater of shorties. Lol

Haiyaa. Anti short sellers are united all over the world now to take on these giants. Shorties beware. Money can flow in from any part of this world. Lol

https://www.coindesk.com/gme-dogecoin-bitcoin-china-fomo?fbclid=IwAR17Nv5Uh8whuOBwyhl7wCy_jXgFlnBmwE2w4kL03OFvNThc2K-ceA1GxdA

Haiyaa. I say pump Top Glove. Lol

They say nanyang is shorties running dog. Is it true? Lol

Haiyaa. Look at the joker HLG analysts. Quickly upgrade the TP to 10.54.

Haiyaa shorties. The whole world retailers are going against the shorties. Beware. Lol. The world is borderless now. Money can flow in from anywhere

Haiyaa. EPF people should be investigated by MACC too

Haiyaa. All those siding shorties must be investigated by MACC

Elon musk really hate short sellers. Hahaha. Just look at bitcoin price after he tweeted

Haiya. Short sellers beware of Elon musk. Lol

Hahaha all talk like katak Di bawah tempurung. You think only local retailers are pumping in money. The world is so big. Money can come from any part of the world. Lol

The original intention of short selling is to uncover the companies fraud in manipulating their account books but nowadays due to greed the IB themselves create lies to manipulate the price. The best part is Bursa and SC keep quiet

Haiyaa. Come Tuesday there will be a lot of FOMO

Shorties go and forcast. Lol

Shorties will get a bomb news in February when they plan to short it. Lol

JP Morgan is very desperate now. Lol

I only want to buy rss shares. Lol

Retailers are so much smarter now

Haiyaaa short sell so little

Shorting now. Lol

Short we buy. Hold they bleed. Lol

Haiyaaa uncle Roger is back In Malaysia and telling JPM majority of UK HCW are using glove to give vaccine. Lol

Shorties. You can keep the balance RSS and short in February. Just wait for the big surprise coming. Lol

This is like the shorties. Lol

To understand the potential danger posed by the E484K mutation, picture a teacher in front of a classroom full of rowdy first graders.
After months of trying to get her class under control, the teacher finally nails it. She gets them to sit still in their chairs.
But after a while, one child leaves the class, and another takes his place. This new child -- this new little rascal -- won't sit down. The teacher's technique for calming the children doesn't work with him.
The teacher here is the vaccine, and the rascally student is the E484K mutation.

https://edition.cnn.com/2021/01/12/health/coronavirus-mutation-south-africa-variant/index.html?utm_content=2021-01-13T03%3A31%3A35&utm_source=fbCNNi&utm_medium=social&utm_term=link&fbclid=IwAR3_j7NyBFG2RiDxhQbOQ8KxTfiZbeTYP_Utsh5LHBqKZiYLDiEJCWUPJ7A

https://www.wsj.com/articles/chinas-sinovac-covid-19-vaccine-is-50-4-in-late-stage-brazil-trials-11610470581

See how good the shorties can forecast. Lol

The pandemic will just go downhill now and when they thought the arrival of vaccine to Malaysia in February allows them to short they will be having a big big surprise announcement by WHO later. Hahaha

Darurat till 2022. Lol

So you all think covid can be effectively controlled shorties?

That’s the worst part lo. MCO is like no MCO.

Relaxing

Shorties can earn back their debt by buying a lot now and goreng higher than previous high