Live Miraculous Streak : A Joyous Hattrick as an Early X'mas Present ! {20th Dec '24}
I had planned to sell only Hartalega, the 52nd scorer, on its 3rd ex-dividend day to secure 1,092 consecutive days in the record marathon, but a flight of fancy chance sell queue to exit wrongly-bought Kodama Chemical 児玉化学工業 in the Tokyo market was miraculously executed late in the afternoon as it soared mysteriously in a news vacuum, perhaps as a result of short sellers' frantic covering activity from sales made 4-5 days prior when it plunged 16% in 5 days!
Great relief at having a lesson learnt without having to pay a price: Never buy purely on one chart pattern & a gut instinct!
The cherry on top of the icing was that the position was closed at the highest possible price of ¥440 as it hit the stop HIGH with about half-an-hour left to the close while the icing itself was the fact that the average traded price was over 6% cheaper at ¥413.934. Not bad for a company that, despite a bullish corporate proposal a few weeks back, has not paid a dividend since 1998 and has declined an unbelievable 96% from its all-time peak! Its recent low was also its lowest since 1968!
At the eleventh hour, I also decided to hive my Supermax holdings down to 20,813 shares as an insurance against something untoward happening during the pre-Christmas weekend, the disposal price a barely profitable $1.20 considering my $1.18883674 average cost. Nonetheless, a quartet of rounds on winner #104 seals up a stock hat3rick to neatly conclude the 211st complete week in the precious, precious ongoing streak!!!
Thus, the week ends most satisfyingly with the 20th Japanese scalp in 2024 on Dec the 20th & 70 Tokyo-listed wins in the 90 months since the yen-vesting adventure began!
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