These few weeks before chinese new year will be interesting for many stocks.

Did TopGlove give any dividend in December 2020 (last month)?

Did I miss anything?

Interesting for goreng?

Casino de Bursa again?

yes the big boys are collecting the stock now, price plunge but buying power far outweigh selling pressure.

green = buy
red = sell

The day has passed and the results are in. Some of the glove lovers were realistic and saw things were pretty bad.
Short selling was discussed a lot as expected.
Nobody went for option 3, as it is typically not done to admit somebody is wrong.
Nobody also had guts enough to average down again, as far as I saw.

I was hoping our most frequent poster (2542 posts in this thread alone) AVFAN would come up with some introspection, but it was not to be. He acted like nothing happened. He is so good that when he buys a stock and if it goes up, he makes money.

And if it goes down he also makes money. He decided to casually mention (after the trade was completed of course) that he made money intraday on Supermax. I guess he’ll have heavy losses overall, but I suppose he doesn’t care much as long as his post count goes up.

It’s a good thing that there is a blocking function as I don’t need any information from somebody like him.

Well another option is they can continue to hold and wait for the eventual turn around (if there is one)

But yeah all those bullish thesis plus down day also mentioned they make money is leading people to holland.

Making money is public.
Losing money is private.

Vix Up + RSS + ISinar + PN going out bersatu

Trade carefully

Yesterday foreign selling >Rm800, quite a high number as compared to normal.

While, yesterday big volume is at gloves stocks, don't know whether it is related or not.

hopefully some of the big cronies can move on to another realm in 1-2 years time then our political scene will be more stable.

red red red day

General sentiment still in the red.
Gloves recovering from yesterday in green for now. Volume is there.

Glove lovers, all in now!!!

TOYOVEN, another limit up.

u got yours yet? i haven't.

why the hate? just swipe left

Not yet too. Maybe need to wait until 5pm I guess.

You can discover a lot by running own simulations and back testing.

For example, I threw the idea at you that market leaders lead right and from that, I suggested that it's probably best to just focus on the leader (and yeah, I am against buying more than 1 in a sector). So wat you can do is test what I am saying right there.

Well, assuming yesterday, that was it for the glove sectors... assume la.... so we have an established performance. Now once you have this set of data, say the next pandemic comes, gloves pops right up, and in glove sectors, which stock would you choose?

Okay we saw briefly what Superman vs Kossan looks like. How about Superman vs Harta.

the most recent 50 days... when the stocks in the sector were all correcting...



The shadow dancing movement...... there.

What does this say? When in correction.. doesn't matter who is the market leader who isn't , both corrected.

Agree? But to be more precise, Superman is down 39% and Harta is down 41%.

Now the overall picture...



The right side shows it all. Superman is up 549%. Harta only 59%.

how?

Clearly, without any shadow of a doubt, the market leader is the better pick hands down.


Okay... now comes the next pandemic .... if you can only fire ONE and only ONE bazooka at the glove stocks, which one would you aim for?





okay? I just ran a simple back test comparing 2 stocks in a sector. And this back test helps me form a better idea on what to do the next time.

In the market, esp forums, social media, messages etc etc ... you will hear plenty of ideas, insinuations. Some are simply bullshit. Some are sincere but it's based on assumptions.... so before you trust anything you read .... run some back tests.... never trust any 1..... me included.

it's like share buy backs from TopGlove. Early insinuation was buyback is good etc etc and it will help form a support for the stock. Well, we saw how badly screwed up the buybacks were executed , and look at the stock price now compared to the buyback prices.

yea... run back tests.

This post has been edited by Boon3: Jan 5 2021, 10:02 AM

many klci component stocks are dropping.. something is coming

rejoin topglove bandwagon.

where is glove warriors? seem quiet here hmm..