Greater fool theory! In trading, fret not about the valuation. Overvalued?? Meh, all you need is to convince the next idiot to buy it at a higher price than you! Another opportunistic day to convince the next few idiots to drive the price higher. However, please be cautious and use stop loss. I dont want to see anyone jumping off buildings.
Giving back to the sharks is charitable (but please do it within your means) All this wealth created out of thin air is just what we need for the economy recovery.
Again to all gamblers, please accept my sincerest gratitude :) Please continue trading as frequently as possible, there are always more idiotic people to buy from you Next trading volume target: 1billion
The next TP will double the current TP, because banks will keep raising the tp as everyone loves trading revenue generated out of thin air. If you are done gambling, invest in sharks as they always make it out fatter no matter which direction gloves go.
Moderna (MRNA) said its potential vaccine to prevent Covid-19 provided a “robust” immune response in early stage human trials, with all 45 patients producing neutralizing antibodies.
@UNDERHAND i been treating share mkt as another casino after learning from financial meltdown, 911 and now convid-19. i always profit taking better than waiting for penny dividend if price down i average . i just a small player but very greedy. i hate paper gain, but love solid cash (CASH IS KING)
we're still in the middle of July..keep monitoring the situation..u guys can only start to get worry & set trailing stop as high as possible if price touch RM4.50 in a very short time aka parabolic hyper-rocket price hike due to possibility for another haircut..& also, standby to sell if we're entering August
@STFU_FU Accused me of spreading fear in the glove counters. If you are actually confident in your counters, why aren't you delighted to collect more at a lower premium? Kau beli sahaja la setiap Kali ia jatuh. Asal? Nak jual timer bomb Kau kepada orang lain ke? Too greedy not to lock in profit when you could?
Look, I didn't comment anything during the morning trading hours today, and the gloves in general are still red. We both know that IF the fundamentals are intact, my comments will have no impact on the prices. Trade at your own risk, and stop blaming others when you lose money. When you decided to enter at such a high valuation (when the risks outsize the rewards), you should have prepared yourself mentally well to lose it until the price to value equilibrium is reached. Grow up and stop being a man-sized baby. If you can't afford to stomach the paper loss, stick with FD or cash equivalents investment securities.
Of course, I am not going to hint the public that the gloves are way overvalued for free (TP is calculated based on overly optimistic approach). I was also promoting the public to invest and swim with the Sharks as well. For gloves, I don't care if it goes up or down. I just want to keep the trading VOLUME of all these expensive stocks high, and hence the trading REVENUE of my banks counters will be high.
Now, let me thank you for the free advertising. Now, more people know that banks' quarter earnings might be a lot more better than expected from all the trading revenues generated. I would also like to use this opportunity to invite glove punters to trade in the finance and plantations sector, which has less risk-to-reward ratio. Again, I really don't care where you trade. Just keep trading. More trading volume (especially for high price stocks) leads to more trading revenues to the banks.
PS: I am not telling anyone to sell the glove counters. In fact, if you are actually good at trading, stay! Despite all the risks, you still can reap a huge lot from all the volatilities here.
@STFU_FU If you are unhappy and vengeful, please come and 'spread fear' in the bank counters. I would be happy to collect more for my long term SLOW and STEADY investment. Thanks in advance
In a public forum tends to have differing opinions, what's more a stock forum. It is good to have views from both perspectives, but let's do it professionally. Let's agree to disagree. If can't, just simply ignore the post and soon it's all forgotten. If not, just simply hit Report Abuse button.
@chopstick, people will invest at a price that they are comfortable with, and after that they hold tight .... it’s for those that are already shareholders of RUBBEREX, not asking people to buy now or today
Asking the shareholders don’t panic sell and make losses, Rubberex as a company will announce good results in the coming quarter
so many scared today..tomorrow morning might seen another round of panic selling..the price might break bullish trendline support but i it will only be temporary before going back to normal, so hold tight..the game is not over yet
those who invest, just ignore trolls OK..all investment analysis indicator gave green light to ruberex, at least until 2021..for traders, just sit tight & keep an eye on the trendline
anyway..for traders, i think many of u know this..the last big wave is coming..so lets make it worth it..set proper price target, stop loss & discipline, discipline, discipline! the time is now to bury our emotion 7 feet under!
Ruberex should be higher than Comfort. The reason, same last Q EPS, but Ruberex end March but Comfort End April. Glove's sales and price keep improving especially March April time frame.
This is something like a yearly renewable software = "renewable vaccine" as every year the vaccine need to be upgraded as the virus is getting stronger. Yearly or bi-yearly injection of vaccine is really a long term business, just like Microsoft office, or any license software (anti-virus) need to be renew yearly. Pharma & DPharma.
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....
stockraider
31,556 posts
Posted by stockraider > 2020-07-15 11:01 | Report Abuse
Please do not sapu if u have not hedge your bets loh..!!
MOST IMPORTANTLY I TRY TO HEDGE MY BETS WITH DPHARMA LOH...!
ACTION:
i. try to hold TIGHT
ii. try add at low pts
3. TRY TO HEDGE BETS WITH DPHARMA MAH..!
Posted by opportunity > Jul 15, 2020 10:57 AM | Report Abuse
Sapu Sapu..dont wan, sel to me