this mark the end of glove cycle that I want to use as sharing here.

this glove is the same as how I made profit in PentaMaster. Keep buying the shares in two of the 6 months long "downtrend".

bought at average price 1.3x. Sold at average price 4.5x.

if you know how to value a company, "downtrend" is the time where you are very sure that you can make profit.

my final 2 cents.

good luck and cheers!

This post has been edited by skty: Jan 8 2021, 04:25 PM

some profit taking for sure.

after falling 2.5 months, the consolidation must be pretty solid now.

+ short squeeze... should ride up for a while.

While every one focus on the deep green ones.
Don't forget the vaccine related stocks.
Monitor it may be a good entry soon.

yeah, definitely some profit taking, 10% up yo.. but i don think it will bak to like early december tat kind of price tho..

Profits or revenue?

These FPSOs are very Capex heavy. Early revenues are mostly to pay the banks first. AFAIK the waterfall distribution of proceeds lean heavily on early bank payments to reduce banks' risk of the projects.

I knew the last days was the bottom because glove bears were flooding this forum constantly. Whoever rode this short squeeze, congrats. You just made the first good trade of 2021. Sheeps short selling against institutions. That shit never ends well. This was my thesis for the past few days. WSB vibes lets goooooo

Like that all recovery stock die liao

wah finally chance come liao

profits ....

it's one of those stuff....
where the things we see ... but yet we don't/can't get a full grasp of what's happening...

carepls limit up.... GGWP

Do not mistake this with long term investment. This is a TRADE not an investment. Please take your profits accordingly.

Let them die 1st, dont average down. Wait reversal only re-entry recovery stocks

Also, the biggest bomb is yet to release. When Tesla crashes (definitely dragging the S&P index down), and if trigger panic selling due to sentiment shift in other counters, then will drop more.

This post has been edited by HereToLearn: Jan 8 2021, 04:23 PM

If the momentum continues, very good for those who bought high and want to clear.

TIME TO GET HUTANG BACK FROM GLOVES FUCK Carepls and HLT for making me lose so much money. NOW IT IS BACK. DONE CLAIM

u hv been here long enough... u know who are glove bears, glove bulls... becos they always sing the same song!

the bulls, u bet they had a good ride this week, esp today.

those RSS short glove now how?

got sell bank or not?

Now problem come...

Is this 1 day show or reversal???

Creative accounting perhaps?

Maybe they will soon

Shorters panicking after local funds fucked them hard by buying more shares and pumping the price up. Shorters then cover their position by buying more shares to GET OUT which creates a greater pump