MC,How much short sellers can make depends on how fast the share will go up. Only half way for them now,that is why they have to short till as low as possible. The other half is to buy back.
Do not simply buy until the green set in for at least 2-3 days. You need the stability in order to get the proper rebound. Over values will surge slightly today.
China s on holiday Autumn Festival, Evergrande drama looming. Everyone relax and buy mooncakes( those who celebrate this Festival) and enjoy Yesterday already have buy one Free one at supermarkets
Comfort’s QR shows that though ASP is lower but sales volume picking up. Topglove’s QR isn’t reflective of the whole sector. I still like Harta and Supermax at the current prices
Just read what are the stocks that Ah Jib Gor mentioned to help rakyat ! Glove stocks havent die yet , it will skyrocket again soon , the next PM after GE 16 might be Ah Jib Gor n first thing he will restart HSR project with Spore , 2nd he will push malaysia glove stocks , he is like Donald Trump familiar with stock market game !
The market is overreacting to Topglove s last 2 QR Results which like what Geek2020 mentioned were not reflective of the overall glove sectors . Topglove Q3 earning dropped 30 % whereas the others did not drop but stabilised or some even went higher. Topglove last qtr or Q4 dropped 70 % but comfort latest QR dropped only 32 %. Topglove last 2 QRs were very much affected by the CBP ban. It lost a qtr of its revenues with the highest.ASPs plus its old orders with good ASPs. The impact is huge . With the lifting of the ban , I think Topglove will recover its lost businesses in US.
this year glovers all crying during this mooncake festivals. we recovery kakis all laughing while enjoying mookcakes later. dont so sad okay. take this as exprience kikiki
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....
Highfive Bread
224 posts
Posted by Highfive Bread > 2021-09-21 11:21 | Report Abuse
MC,How much short sellers can make depends on how fast the share will go up. Only half way for them now,that is why they have to short till as low as possible. The other half is to buy back.