Congrats unker

Any whales here bought today's pullback?

Politician talk as always

You should have shown us which counters ma. Screenshot no show counters

Sorry what is potential index? How do you come up with the numbers? Whats the formula?

Thanks in advance lowya buddy

Which is why I always think that in this forum, there exists some big sharks and whales.
E.g. icemanfx, seems like he/she doesnt have to work 9-5

Same for US banks, no more +12% like the 1st time the vaccine news out.
Wells Fargo +2.48
JP Morgan + 1.36%
BAC + .33%
Citigroup + 2.44%

I think Citigroup is the cheapest among the discussed 4.

But, this rotational play (by an yet-to-be-approved vaccine) has shown people that there will be much larger uptrend spikes for recovery stocks when
1. Phase 3 trial vaccine is approved by WHO
2. Phase 3 approved vaccine has reached Malaysia

After these 2 remaining spikes, I think all the forward looking recovery will be priced back into the recovery counters.
As of today, we are still -20 to -30% down for some recovery counters. There are still a lot of upside left. Start buying those that are fundamentally strong.

IMO, OnG is not a recovery play because it will not solve its underlying oversupply issue (Russia vs Middle East). Just my 2 cents.

This post has been edited by HereToLearn: Nov 18 2020, 11:52 PM

Not sure if you guys have noticed: US ban banks from buying back their shares and caps their dividends until end of 2020, which explains why the bank shares are not going up despite trading at an extremely cheap valuation.

Next year the spike will be spectacular when the buyback bans and dividends cap are lifted. The patience and the knowing will be greatly rewarded.

https://www.ft.com/content/0e19f833-a7fd-4a...fb-9371b06065d1

Red day should buy more. FF bought yesterday

Opportunity to buy more if whole market is down and not specific to any sector

KLCI deep red -1%

If all sectors, means good opportunity to average up/down

Why say so? Source/reasoning?

Assuming that they continue to spend 69m (very nice figure everyday for share buyback
How many days more can they do that with their remaining cash balance?

Just curious

I am just curious how long more can they prop up the share price

Isnt it Nov 25?

Delta and Boeing also no red, still inching upwards.

But AA might be a soon-to-be PN17 company la.

WHO announced people need to fight 2nd wave without vaccine
https://www.ctvnews.ca/health/coronavirus/c...s-who-1.5194720

vaccines should not be seen as a "unicorn" magic solution -- and countries battling a resurgence of the virus would once again have to "climb this mountain" without them.

"I think it's at least four to six months before we have significant levels of vaccination going on anywhere,"

Despite recent promising announcements from final-phase candidate vaccine trials, "We're not there with vaccines yet," said Ryan.

WHO upgraded the sentiment

They would have obtained much much more shares back with the same amount of money if they dont support the prices and let it free fall though.

Why dont they do that?

This post has been edited by HereToLearn: Nov 20 2020, 11:57 AM