FairTalk, good morning . welcome back . Nice to hear from you . Regards ---------------------------------------- FairTalk Hi PJ Seow, Good morning. You are on the right track . Regards. 09/07/2021 11:01 AM
@Dannyfyl88 Up 20c+ guys... Don't let the Shorties Losers barking get the better of us. The Same broken records still play today... 09/07/2021 10:58 AM
Danny, keep in mind the shorties can move the price at their whims and fancies. Unless, FF enters or Stanley SBB, they can reverse the gear anytime. Therefore, practice caution and don't chase high. Also hold and only sell >5.0 to short squeeze the shorties as the sentiment turn positive for the glove counters.
@myinvestor Retailers can kill shorties if they arm together, no need FF help. 09/07/2021 11:17 AM
In a weakened economy where many biz are affected, we may need to be more realistic. But the least retailers can do is hold for fair value, at least 5.0 and above. Meanwhile wait for the 6 points events which I outlined earlier to happen.
Last year glove counters is the market saver but this year is the killer. It's all on the hand of IB and syndicate to monitor the up down of share price ,when they want to push ,the price can go up to P.E -450 above and when they want suppress the price can come down to P.E 2.5 by applying short selling technical tactics .So don't carry the beautiful dream that the coming financial result good means the share price will go up !! It's a money game, IB and syndicate must make money from retailers !!!Give up your beautiful dream !! So ,buy only it was cheap and sell when you made more than 15 % , it wouldn't rebound back previous height forever !!!! It's a money game !
Beltland... agreed. but the Cycle of crazy will come for gloves again... might not be as high as last year.. but high enough. Well, I will just play the sector rotation game on Bursabet from now on...
@Dannyfyl88 Tonee... Let's see this uptick leading to the QTR. Looking at the last 2 QTRs... the upticks are similar. Like I said, sentiment is not forever. With Covid is rising, lockdowns affect all other businesses more than gloves and the current low gloves price, most IBs see this attractive to buy than to short. Only some dogs here still barking/playing the broken records over and over again to talk dead the price. 09/07/2021 11:44 AM
Agree Danny, I saw 3.0 this round as the bottom price. However, we don't want to be over optimistic to avoid a bull trap on those who can ill afford to get further trapped. For long term players, continue to nibble since u all can hold for the long haul. Sure at this price is cheap, there's no doubt and I m waiting for the 6 events I outlined to happen by the next QR.
Young children also could be vulnerable? 08/07/2021 10:49 PM
Looks this coming wave, we will be seeing new types of Covid victims such as children and young ppl not just old and at same time, many Asian and African countries, Australia , South America, East Europe and Russia that were relatively unscathed in precious waves will now be seeing huge surge in daily cases, and hospitalization and death, mimicking what happened in India. Just look at what's happening in Indonesia. Previous wave of earlier variant didnt take off, but now they are in big trouble. And Malaysia too after 1 month of FMCO, we are witnessing increased daily cases more than before FMCO. This wave is definitely going to be real nasty and terrifying. This will be on top of the new wave that will also hit US.UK and EU in the coming winter. Likely majority of countries around the world may be hit all at once simultaneously. I worry the death numbers will be multiple that of previous waves. This is going to be catastrophic as 80% of the world population are still unvaccinated. Gloves demand will be unprecedented in the coming months likely even more than previous waves, since a wider demographic of population around the world will be infected with serious symptoms.
Report: US Medical Stockpile Running Low as Delta Variant Threat Looms TEHRAN (FNA)- Supplies of critical medical products in the Strategic National Stockpile are still well below federal targets more than 18 months after the coronavirus first emerged in the United States, according to internal data obtained by POLITICO.
The federal government has built up the stockpile significantly over the last year. There are more than 35 times more N95 respirators and 10 times more ventilators available now than at the start of the COVID pandemic. But the nation is still short hundreds of millions — or more — surgical masks, gloves and gowns.
Data from the Department of Health and Human Services show the stockpile targets include 265 million gowns, 400 million surgical face masks and 4.5 billion gloves. But the current inventory includes only 17.5 million gowns, 273 million surgical masks and 525 million gloves, according to an HHS spokesperson. That’s anywhere from 6.6 to 68 percent of the recommended stock, depending on the item.
Wow, 20 million volume in morning session. This volume is double the daily average volume of ladt few weeks. Who are buying ? Retailers alone cannot push so much. Up 27 sen . The shorties scrambling to cover the shorts or institutional buying? Supermx starts sbb?
Pfizer to ask US to authorize third Covid vaccine shot as booster Evidence shows a greater risk of reinfection six months after inoculation as Israel reports a drop in vaccine effectiveness. He said that multiple countries in Europe and elsewhere have already approached Pfizer to discuss booster doses, and that some may begin administering them before a potential US authorization. ------------------------------------------------------------------------------------------
So fast alrfy need booster jabs in less than 6 months. This proves the evil Covid is very geng and will continue to mutate very fast to fight the vaccines. With 80% of the world population still unvaccinated, not to mention they will need the booster jabs later and maybe may need a booster every 6-8 months once? when is this pandemic gonna be over? Maybe in 2024 and beyond?
@pjseow Wow, 20 million volume in morning session. This volume is double the daily average volume of ladt few weeks. Who are buying ? Retailers alone cannot push so much. Up 27 sen . The shorties scrambling to cover the shorts or institutional buying? Supermx starts sbb? 09/07/2021 12:34 PM]
I think maybe the shorties realised they need to quickly cover their shorts before too late. Likely retailers are holding back and not selling cheap to them anymore. With the global situation deteriorating fast due to Delta and Lambda, time is running of for them. Maybe they sense that this coming wave will be different, likely to be much worse than the previous waves.
As usual ppl, don't chase high but just hold to what u have. Those with long haul capacity can nibble la. But contra play is not advisable. Shorties can reverse gear anytime.
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....
GloveShortDIE
103 posts
Posted by GloveShortDIE > 2021-07-09 11:05 | Report Abuse
STRONG UPTREND
STRONG UPTREND
STRONG UPTREND
STRONG SIGNAL !!
important words repeat 3x