The more I think a lot it the stranger this looks. The exuberance was just one day and there was just no interest since. Given the mania about glove producers it's puzzling how this stock has been ignored so much.
Rightly or wrongly this should be going crazy but it's not and it's worrying. Whoever is selling knows the stock well and despite the mania they are still willing to sell out.
As with all manias this will not last forever. Glove producers can't trade at the current multiples and will revert closer to the mean.The Chinese producers will quickly increase production and meet the demand and things will normalise.
VIP has a small widow of opportunity to scale up production and capitalise on this once in a lifetime opportunity.
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