EQUITYOPPORTUNITY

Tuesday, October 15, 2024

Record Marathon : Short & Long-Term Wins Propogate the Run [1 Apr till 28 Apr 2023]

 An early '21 entry into Sunsuria for the dividend was finally closed into a surge in its stock for a 47th scalp on Apr 3rd, while Elsoft Research rewarded a 3-week-old long position with  small gains on 2 consecutive days on the 4th & 5th to become #48 bagging 660 & 661 days consecutively. The rest of that week featured similar, even shorter term punts : on #37 Tomei on Thursday 6 Apr and on new #49 Prolexus with a 2.5c gain within the contra period of 2 days on Friday 7 Apr, reaching 663 days in a row:





Comfort Gloves took the baton on Monday the 10th for the fifth straight short-term win in the streak & became the half-century stock, before Petronas Dagangan[PetDag] became the 51st winner with a synchronistic, magical partial sale at almost 15% above market prices, up to a high of $28.20, in the odd lot market on Tuesday the 11th. #11 MAXIS was sold for the 4th time above $4 to propel the run to 666 days in a row on the 12th while handing the baton back to PetDag on Thursday the 13th for another sale of 13 shares at an average of $22.3262. A rare duo of Tomei, attaining a hat3rick, and new #52 Salutica, whose shares purchased expensively from before Covid were disposed at $1.07, furnished the 668th consecutive day on Friday the 14th:



A chance discovery of old shares in hot stock SMRT purchased 5 years prior would contribute to 5 of the next 6 consecutive links in the still unbroken chain of gain & I had a splendid time selling my new #53 piecemeal on the way up from the 17th to the 20th & then on Monday the 25th, leaving only 100 shares by the end of the month. within those 8 days, only free shares of New York-listed GE Healthcare from my 6-year holding in General Electric broke that solo run on the 22nd, becoming the 54th score cementing 673 days successively:





SMRT  took a well-deserved break & handed the reins of the marathon to STAR Media for its own 2 consecutive day mini run as new #55 bagging 675 & 676 days in a row from 26-27th April before the month ended with the dumping of free warrants of aptly-named Menang Corp just a few cents from its eventual peak in hindsight[ they are worth less than half at the last count of 19c]. I had estimated that the mother shares had peaked as they poked through the $1 barrier & sold the warrants to hedge against that likelihood!


Thus concluded 33 full months of the still ongoing marathon that has come to symbolise my resurrection from not just the pandemic, but also from grief & tribulation spanning nearly 3 decades!

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