EQUITYOPPORTUNITY

Saturday, September 14, 2024

The Record Marathon WIN streak : Ramping Activity is still Active! [2 Aug till 31 Aug 2021]

 I made a bearish call for my investing club clients over the last weekend of July:

Nevertheless, speculative activity still abounded as the 1st week of August's victories consisted entirely of selling into syndicate-fueled ramps of penny stocks: Resintech sold again into 52-week highs to clinch 250 days in a row on 2nd Aug, a Emico-YLI pairing on the 3rd, Seal Incorporated on the 4th, SBC Corp on the 5th & Menang closing out Friday, 6th July:





The following week saw the same except for PDZ & Petronas Dagangan{PetDag} on the last 2 days [ religious market holiday on Aug 10th]: CYL on Monday 9th, White Horse & KPJ Healthcare on the 11th before PDZ became the 160th winner with a speculative punt post share-consolidation[bought below 30c & sold close to 40c within 2 days] & PetDag closed the week with a 4th round:



Ecoworld, purchased in January for the dividend, was sold into a downtrend from 70c to 63.5c, a slight atonement for a too-early early sale in March on Monday 16th Aug, then handing off to repeat winner #7 Federal Int'l as it was ramped up from the 50c range to 65c, rewarding a November '20 entry. #60 Cahya Mata Sarawak featured the next day, 18th Aug, when a re-entry @ $1.147 was partially disposed off at $1.20 after the thrilling 1st round exit close to the late Feb peak! Axteria, which was sold into its peak day as Acoustech on 5th June '20, rewarded a 22c re-entry the prior month with an exit below slightly 26c to become #161 securing 262 consecutive days. Friday 20th Aug saw Kim Hin Joo come full circle almost one year on with a 2nd win selling shares bought at 20c for around 32c after an earlier exit at above 26c in December:




CI Holdings starred on Monday 23rd Aug with a disposal at just below $4 of shares bought for between $1-$2 in 2019 while Alibaba's HK-listed shares daringly bought on that same day were sold the next day, 24th Aug, for a HK$6.20 gain becoming scalp #163 netting 265 consecutive days:

Digi.com was further sold a 2nd time, while Cahya Mata was sold a 3rd time on the 25th of August: the first double or better since the 11th, perhaps reflecting the market turning bearish compared with earlier in '21. Plantation giant Kuala Lumpur Kepong, bought for the dividend at $19.96 & $19.82 in July was mostly sold for $21.273 on Thursday 26th Aug, the 164th scalp of '21. 3A Resources featured on Friday 27th with a sale of shares purchased in May for 80c at around 86c, #165 clinching 268 days in a row.  After the weekend, long-held DKSH shares were sold into strength at $4.524 after they had gone limit up the previous Friday & became winner #166, clinching the 269th day in a row in tandem with new #167 AEON:



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