@riko Supermx net short seller cover 2m+ share yesterday .... 23/07/2021 10:18 AM @antimoneymakers Where are all the naysayers??? All gone back to their own cave ka?? Come out n bark abit la. Boring u know when u guys dint bark 23/07/2021 10:59 AM
I think the shortists have miscalculated their timing. I have been warning them of this impending huge wave since 3 months back in early May, even before Delta got its name, but their macai, ie Aunty GloveFinish and MoneyMakers never took heed and kept attacking me and didn't inform their bosses to quickly cover short positions earlier. So I think their bosses must have lockdown their pay, so they have no incentive to post here anymore until the get their pay. I think this time the shortists will be in trouble if they don't quickly cover back as the Delta is moving faster than they expected. This Delta has caught everyone by surprise, including the shortists. In fact this time round, the retailers are acting faster than the shortists. Anyway, all glove supporters should continue to #HoldSupermax>5.0
Shorties even covering, the price didnt move up fast. They must have not pushed the price up but covering in small batches to avoid triggering panic buy. Can see the W trend on daily pattern. Cover until daily peak and then stop and let the retailers to take profit and sell down before they cover again from the bottom.
No one can tell u what to do, as events of life are quite dynamic. But Delta variant looks quite set to bring havoc to many countries around the world. How much that translate into additional glove demand is still unknown. My prediction is that glove shortage will become more acute in the coming months and ASP should start rising again soon.
Covid has mutated to be able to be able transmit virulently thru air-borne. Its also mutating to break through the current vaccines more effectively. Could this combination be the next wave to hit the western developed countries that are highly vaccinated in the coming winter? Yet to be certain but don't assume that the pandemic is oredi over when it is still spreading like wildfire in the developing countries now. ------------------------------------------------------------------------ My early warning 3 months ago. Now we can see the destructive impact of Delta more clearly.
start up new vaccine always have their hiccups. China's Sinovac have confirmed that their vaccine is effective against the delta variant. Now you really wonder why the West always harping on China made vaccine ? but not their own
Since all the gloves stocks reluctant to 5 years lowest point at the passed few months , i think start from next week will be uptrend to previous high !
Next week 1million cases ! Never though before it really happen soon ! Can we go back to normalcy , many people get depression n some even commit suicide !
Next week 1million cases ! Never though before it really happen soon ! Can we go back to normalcy , many people get depression n some even commit suicide
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....
hondacrv
51 posts
Posted by hondacrv > 2021-07-23 08:04 | Report Abuse
https://www.cnbc.com/2021/07/22/delta-variant-is-one-of-the-most-infectious-respiratory-diseases-known-cdc-director-says-.html