Smax coming 2nd quarter must be explosive. They did mentioned t"the best is yet to come" after the last 1Q results. They are the main beneficiary when TG had to stop their productions due to covid amongst their workers.

Ok now I know I should address you as Boon kor
Well I did ask you whether you got buy Smax or TG the other day. Still cannot entice you to join our campkah?
I thought your strength in chart reading will give you an added advantage in such momentum play.

Hah! Glad you remember me. Anyway I doubt the coconuts will strike you. You would have eaten the coconuts by now

Less RSS on Smax probably cause the 2nd Q coming up. May be suicidal to risk selling down, later scramble hard to cover positions. But these gloves all abang adik, interesting to see where all TG RSS will lead to..

Yes, less shares available to borrow. But their strategy could be "one stone kill 4 birds". Why need to work so hard? Market sentiments will take care of the rest. Hence Unker Van approach may be the best in current market. Don't be greedy, money in the pocket is safer!

Very fun market today!. Bulls and bears tug of war

Biden inauguration's on 20/1, would we see more sparks coming fr MAGA supporters? A bigger replay from last week Capitol Hill debacles?
https://www.dailymail.co.uk/news/article-91...t-MAGA-mob.html

Well well.... looks like the ever optimistic recovery enthusiasts would defend their stock picks eg price in alreadylah, so won't drop much...
I have been consistent in saying do not put too much hope on vaccines and recovery stocks. Covid is here to stay, hence the need for gloves will extend beyond 2023. The writing is also on the wall that this latest cmco will be extended for a further few months, schools may not re-open, banks npl going to hit the roof, more SME closing down, all doom and gloom scenarios. Shorties will turn their focus to banks, see CIMB as an example.
Plus UK's variant found its way to Msia
https://www.thestar.com.my/news/nation/2021...-says-health-dg

This post has been edited by nauticat99: Jan 12 2021, 12:04 AM

Let me reiterate what I had posted with what a local epidemiologist said, not that I am a scaremonger
https://www.bharian.com.my/berita/nasional/...mencukupi-pakar

where's the link?
On another note, is PBB being short?

Stay vested in covid related themes, all recovery stocks will die during this state of emergency especially Genm, Genting Airasia, AAX and to a certain extent banking stocks too

Buy red, sell green

Darurat implications:
# Moo lost control his PN coalition- more of them are trying to get out. Darurat will hopefully prevent more fall out
# government run out of viable options to stem covid outbreak, no money, no BPN, more chaos, possible unrest from the rakyat or increase in crime rates
In other words, noting good out of this but no choice. Best is get really capable ppl to head the Independent Committee. Not this current bunch of morons.

PBB, MBB good short candidates cos they have more meat to short. Gloves esp TG hitting 4% soon, not much room to go down due to this cap. Others especially those recovery stocks still got ample rooms and no short position done since the start of RSS

Yup, they did CIMB, the rest of the banks are now fair games. Those retailers who chased these banks last few months may panic sell or face margin calls if bank sentiments drop further next few days. Rinse and repeat

Today KLCI can close -40?

I will wait at 7.02

This post has been edited by nauticat99: Jan 12 2021, 11:05 AM

Cause history repeats itself

For those for or against buying glove stocks, maybe a good idea to understand the virus working mechanism. The last article is extra long but contains lots of gems. Happy reading
https://edition.cnn.com/2021/01/12/health/c...iant/index.html

Brazil sinovac results not as promising as expected
https://www.aljazeera.com/news/2021/1/13/br...at-50-4-percent

https://www.edge.org/conversation/lawrence_...mes-for-disease

Always ask yourself why you are buying the particular stock in the 1st place. Are you buying it to keep (long) or to trade?. For example, I allocate 70% of Smax for long and the remaining 30% for trading purposes. Why? Simply because I believed in the LT prospects but at the same time there is a lot of volatility in it. Hence I am taking advantage to make hit and run money as well as to keep me awake and interested in this counter. Once I clear all positions, I seldom buy back the counter cause my take is there is no more prospects to the stock, that's why I sell all of them. This approach would also help you against market noises cause up or down you should be able to make some money from the 30% allocated to trading.
Hope this would help you in your investing journey.

This post has been edited by nauticat99: Jan 13 2021, 12:58 PM