yongts
2021-11-09

$TOP GLOVE CORPORATION BHD(BVA.SI)$I believe today short sellers are at play again or top glove investors got weak legs and start to sell out making short sellers rich. Sri trang glove only make $100+ and their stock went up and hold steady. Whereas tp & Malaysia glove manufacturers make record profit. Tp profit over $ 2 billions rm7b. All pure glove manufacturers. One make little price go up. One make extraordinary profit price go sharply down. Analysts say due to ASP ( average selling price ) will go down and volume also go down due to competition from china. But why sri trang go up with small profit?. I smell a rat. Someone is partnering main stream analysts to make scare tactic and together with short sellers to push price down. Only way to counter this is hold your share or create a short squeeze which I doubt it ever happen in south east Asia market. Or let short players play by itself. If that happen price will go down. But eventually they have to buy back when their cost accumulated up. When this happen price will go up to it's real value. But this scenario will be destroyed if present investors do not hold buy sell out to the manipulator. Remember it is a zero sum situation. 

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