$OCBC Bank(O39.SI)$ Lots of retail traders talking about the banks and giving their "views". It's better to understand this from an institutional trader's POV. if you had a position in this at the start of the year, and your OCBC position is up 50% YTD, and it is now October, this analyst's report is just the excuse for you to exit or trim your position. Why? Because your bonus at the end of year - that $2m bonus - yes you heard it - depends on it. That Brand new v12 Ferrari depends on it. So yes, those are all institutions trimming or exiting. Because also, long term yields are now slated to taper off. So yes, don't focus on that track record or whatever mention of the analyst being from a foreign bank. Those just goons making comme
$WUXI APPTEC(02359)$ Still very little coverage of Wuxi Apptec in the financial news. Very few know about it. Because it doesn't have a memorable name like Micron or Nvidia or Tesla. But this AI bottleneck on biotech is going to make known. Soon.
$WUXI APPTEC(02359)$ Those who are cutting and trimming positions out of fear of a big pullback from this point act Out of being pessimistic when they are in a winning position. You can hold losses but not gains? lol
$WUXI APPTEC(02359)$ Bro there is no more supply. No institutions are trimming here. They are positioned for a multiyear long. If you trading in and out of this, you should just go to the kitchen, grab a spoon and apply 3 strokes to your bottom for being a cretin.
$WUXI APPTEC(02359)$ Lots of jokers trading in and out of this ticker. there are some that you Can and should do that. Not this one. Cutting it means you fail to understand the general thesis And direction of its business.
$WUXI APPTEC(02359)$ The forward P/E is 20. A 100% squeeze will only lead it to 40 Which is reasonable given its capacity which is more than sufficient for next 24-36 months, with more to come. A 100% squeeze means price will HKD432.