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Yes Eddy, i can see now glove theme music yet to stop (I hope I am right la ), fund house might not push aggressively like last year but rather observe the market first (so called sentiment). No doubt ,with this RSS, they can short the price but thinking from another perspective, short few more times I wonder still have panic seller left ? If no, what can they do? Push ? Let’s think logically
Nvm lah, this platform is created for us to blow water , pro not pro doesn’t matter.. everyone has right to express his/her opinion. But no doubt, my personal opinion , glove counter has been in “downtrend” (you can call it correction/consolidation or whatever )since nov . If wise investor exit in Nov and switch to so called recovery stock, you earn quite a fair bit and come back to this fundamental glove stock in 2021 still not late . I have to agree that this is fundamental stock but we must ride the right wave (basically follow the shark ), else we may have missed a lot of opportunity la. Seriously i think glove theme still under radar but just need to be careful on the entry to avoid unnecessary “paper lost” which most investors cannot endure ...
Just to be fair, how much glove ASP in future nobody can tell even the boss, it depends on how serious the shortage or how well the covid can be contained, even big funds also give assumption only. No point to argue over this at this juncture because nobody know the answer. My take it no doubt the fundamental is solid and sound but you must know where to cut (if you really need that capital back) and cut at the right time (which most retailer never consider). Of course there is no right or wrong, share market investing is zero sum game , if every retailer so smart, who lost money?