Need a catalyst for all gloves to go FOMO... Have to wait. But at this junction, the potential for a crazy uptick vs downtick is 10 to 1. I will just wait/hold till the cow sings. No point selling this Huge loser now. Who wants to sell a great Money making company at a 90% discount price now??? This company Will make another Billion next year and will add more cash to it's Balance Sheet. Also, the demand for gloves will increase due to the new norm. It is Not a sunset business like Blackberry...
After all, those who can got stuck at this price range without selling must have no need the use of funds otherwise would have sold long ago. So just let it be to see how low it can go. Just keep it like FD n let's see how
ayoo..for this company printing billions...retailers will be crazy que to get a piece at price 65sen..
when can get???
for years already shorties keep telling business no hope bla2, ASP bla2, cheap china glove bla2, end sep, end oct, end nov bla2, no investor no big fund want to buy bla2...never ending BS everyday same story
still cannot breakdown price to 65sen..what kind of scam is this..no hope means no tomorrow lor..
Retail investors will always lose when short sellers take control of a stock. Bursa is not a sophisticated market to provide a level playing field and the retailers usually can only make money when the stock prices go up and get out quick when the stock is being shorted. Brokers work with short-sellers as they earn when short-sellers trade. As there seems to be no time frame to buy back the shorted stocks, shareholders are at their mercy with some getting margin calls. Unless other shareholders have the financial muscle to short squeeze these predatory short sellers or the SC comes up with innovative solutions to level the playing field, the future looks bleak for ordinary retail investors.
high vaxxing rate alone not gonna bring covid under control, vaxxing needs to be combined & integrated with restrictions, good healthcare preventive measures & precautions, use of ppe, tight sop etc.
even highly vaxxed singapore struggling hard to manage covid now
remember shorties..theres borrowing cost involve, and some more for every dividen payout, they need to cover it aswell..its not free ride all the way..
and the lending rate is determine by the current interest rate by BNM..shorties keep saying no more covid..everything will be back to normal..is it?
so when economy return to normal, interest rate will revert back to pre pendemic as well..shorties borrowing cost will increase..dividen rate +interest rate +transection rate etc...
shorties, if you keep continue price drop 2,3sen...can make money or not??
just count net shorted shares x 0.15 for spmx...that dividen payout shorties need to cover...haha..that only dividen cost..u this its freeeeee forever..
the questions arise if they can sustain longer from this point onwards holding significant quantity of borrowed shares..with price drop only 2,3 sen...dividen payout is like bomb tik tok waiting to explode
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....
Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-10-15 09:35 | Report Abuse
Ding dong counter...after the super run...!