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As expected the greater fool theory. It will be shocking to look at the prices of gloves stock for this year. Plunge like no tomorrow. Get out while you still can.
In the market since the crash of the market in 97. You are just a newbie, please look at your track record. Those that made easy money during the run on the glove counters if know how to keep then can be successful. Those that doesn't and keep staying, when the train stops that's when the music stops.
I exited glove counters in last Nov due to rich valuation n volatile n started bought some recovery counters in last Sept - Oct ... But in Feb-March of 21, felt that recovery in Malaysia is kind of slow n we r having below average government which is not capable to curb the spread of Covid .... Genting ? My family bought Genting too early , since last year March ...:)
Buy commodities stock before too late. Gloves already gone as vaccination already started. Once everything is over and music stops that's where the party ends. Anyway good luck.
Commodity counters like overvalued Press metal or smaller cap aluminium related ? I m holding some steel counters but started to sell off since last week ...
