yongts
2021-09-16

$TOP GLOVE CORPORATION BHD(BVA.SI)$today increase is due to short sellers covering their positions. So they might come back again tomorrow if quarterly report is bad. Keep your finger cross. If good can add a bit more because top glove want to lost in HK. For greater exposure to big players. Also higher price ,they pocket more money. Simple logic. Good luck everyone.

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Comments

  • SPOT_ON
    2021-09-17
    SPOT_ON
    result out...top glove going to dive soon
    • yongtsReplySPOT_ON: 
      sir,share bonus do not make the share price to go up or down.it just give you extra share free of charge.but share in circulation increases. the value do not.so the value of the share decreased .
    • SPOT_ONReplySPOT_ON: 
      then the downhill slides trapped many on the way down...
    • SPOT_ONReplyyongts: 
      that is why you are missing out on alot of background... prior to covid after all the bonus adjustments.. tg trades around 7x c... because of covid demand and 2 for 1 bonus.. the stocks up crazy
    • SPOT_ONReplySPOT_ON: 
      the insiders and all already bailed out last year during the glove.play and surge... to them.already made how many times from bonus shares and surge
    • yongtsReplySPOT_ON: 
      no bullet.if not I would have make & even out or loss less.
  • SPOT_ON
    2021-09-17
    SPOT_ON
    the max price top glove can ever reach is about 1.20
    • yongts: 
      remember that when management want to list in HK is at 1.8+. now because of low sentiment, good chance they are looking at 1.6+-. they hv plenty cash to fight the short seller.All depend on them.
  • Kevin28
    2021-09-27
    Kevin28
    Not so sure of the movement
    • yongts: 
      there is a sudden drop of short volume last week.today demand  is by last week short mainly.As sentiment still low not many public buying today.tomorrow should go up if public confidence presence.
  • SPOT_ON
    2021-09-28
    SPOT_ON
    rocket rebound coming
  • SPOT_ON
    2021-09-17
    SPOT_ON
    let's say insiders own $1 cost of tg before covid... then 2 for 1 bonus.. share price surge to $6.. their $1 already made them 12x extra ( $6 x 2) .. they have zero loss .. even they can lose 12x now
    • SPOT_ON: 
      insiders got zero loss and can afford the share price to.plunge.. can u ?
  • yongts
    2021-09-16
    yongts
    hopefully tomorrow result from top glove is good. if good you will see price go up .short seller today & Wednesday will also buy to cover their positions.How much high will it reach ultimately?
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