yongts
2021-11-26

$TOP GLOVE CORPORATION BHD(BVA.SI)$those short sellers on tuesday and Wednesday ate starting to buy back to cover their positions. Especially Tuesday which volume is high. Yesterday short positions is not high. From now onwards we have to depend on good news and company buying back shares. Yesterday uob analysts still saying how bad the glove market in Malaysia. They mentioned asp compared to the peak last year is so different. So it is no good. But do not forget it is stale news and anyway it is already factored into the price so many time already. This type of analysts are paid to do the talking I guess.  Why bring out old news so many time? 

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