$RIVERSTONE HOLDINGS LIMITED(AP4.SI)$Used to be vested in this stock. Good management team and profiting company. However market sentiments says otherwise and with every quarter the stock price is just heading in one direction, south. Got out few months ago with a big loss, and I'm glad I did as I reinvested elsewhere instead of hanging on or averaging down as I learnt it the hard way initially by listening to what I want to hear on such discussion boards. All I can say to people who are still vested is not to get too sentimental to this stock/ industry. Of course they will be people who says demand for gloves is still high, which I agree and that Riverstone, who's business is mainly in cleanroom gloves, is difficult t
Can someone enlighten me? For a company that bear earnings and a good forecast ahead the reward was a 7% drop in share price. I cannot quite understand the mechanics behind this.