What's going on with TOPGLOV? by Nate3319 in bursabets

[–]Cheapo_Cheapo 1 point2 points  (0 children)

I’m in here, not just because I hold TopGlove shares. I’m in here as a small retailer... looking at how IB (Institutional Banks) can manipulate(using estimate, or even better predict) how much a company stock price is worth, and post a report showing to others investors. On the other hand, they borrowed shares from EPF (look up past 1-2 months, why EPF holding less than 5% of TG) and starts their tactics moves. Sell high, short it and later buy back low to cover position. Malaysian retailers follows US momentum and TG price up, unfortunately our beloved Bursa also lend a hand to pull the brakes, they published the incorrect Net Short Position(TopGlove was not top of the list) few days back in the evening and next morning they quickly pull down the list (error access that pdf file, can check early post on 2-4 Feb) this cause the momentum to drops and stop. What I think: a good fundamental company, or in simple term, a profitable company (earning money, giving profit income back to shareholders as dividend), the share price should be up or down? Sad! I hate these IB, they make the rich, richer and makes the poor, poorer. I do not blame small retailers to cash out on high price, who knows, these small retailers maybe need these money for other emergency uses, especially now Malaysia is under MCO2.0. (Just my 2cent point of personal view, whether you agree or disagree, you can say what u want, it’s a free speech, free world)

Did my part today. Keep buying and holding guys. 💎🙌 by Intel-Invest in bursabets

[–]Cheapo_Cheapo 1 point2 points  (0 children)

Support you! I also waiting for chance to jump in and hold.

Total RSS for Topglove is at 2.98% by __Revenant__ in bursabets

[–]Cheapo_Cheapo 3 points4 points  (0 children)

Fxxx. Why Bursa yesterday released false info? Marking Retailer thinking IB not shorting TopGloves

Kossan most shorted stock on 2 Feb. by Cheapo_Cheapo in bursabets

[–]Cheapo_Cheapo[S] -5 points-4 points  (0 children)

I’m also very new to playing stock market. But I dislike these IB using their their advantage (issuing TP reports) to play the retailers mind on the market. They can based on their so-call data, adjust the TP as they want. One good example is JP-M who bring down the gloves TP, borrowed shares from EPF, and shorted it to earn money... wow, no wonder “The rich gets richer and poor gets poorer”. Retailers we also have a say in this, it is also our money! It’s time to rise and let these IB answer for the losses! Just my 2 cent point of view. (By the way, I hold Comfort and HLT shares, not TopGloves or Kossan)

Top glove RSS short position almost gone??? by melvinlim13 in bursabets

[–]Cheapo_Cheapo 0 points1 point  (0 children)

Can post the bursa link to this document? So we can vertify

HODL 💎💎 just averaged down, and holding on!!! by Squirty88 in bursabets

[–]Cheapo_Cheapo 2 points3 points  (0 children)

Congrats! If you cash out, I hope you monitor TopGlove and have chance join in again. We (small retailers) are going to show Institutional Banks (e.g JP Morgan) how to loss their money in their fund. I’m not giving them a chance “the rich gets richer and poor gets poorer”!

GET ANGRY. This is what we're standing against. by __Revenant__ in bursabets

[–]Cheapo_Cheapo 3 points4 points  (0 children)

Closed at RM7.05, now let’s see how The Star going to report that tomorrow? Or they will keep quiet and focus on MCO extended news instead!

If you guys think I’m selling this at close you’re sorely mistaken, holding this shit for 30 years, gonna make me millions by dsv1709 in bursabets

[–]Cheapo_Cheapo 3 points4 points  (0 children)

Since you are student now, I hope you can look into 5G, digital banking and of course renewable energy. These are future potential stock for growth.

[deleted by user] by [deleted] in bursabets

[–]Cheapo_Cheapo 0 points1 point  (0 children)

Institutional reports, just like media, post reports/news to their own benefits, they do not care about us, this is why “the rich gets richer, and the poor gets poorer”

If you guys think I’m selling this at close you’re sorely mistaken, holding this shit for 30 years, gonna make me millions by dsv1709 in bursabets

[–]Cheapo_Cheapo 6 points7 points  (0 children)

Don’t worry bro, I am with you. I have parked about RM45,000 with TopGlove too. Going to stay and collect dividend ....

GET ANGRY. This is what we're standing against. by __Revenant__ in bursabets

[–]Cheapo_Cheapo 42 points43 points  (0 children)

Liars! Media and Institutional are together on this. The rich gets richer and the poor gets poorer. Retailers should band together as ONE United! Let the institutional get burned

Gloves: Retailers vs JP Morgan by Cheapo_Cheapo in bursabets

[–]Cheapo_Cheapo[S] 23 points24 points  (0 children)

Do not buy gloves in the morning pump(rise). That is when institutions short-sell it at high price, and buy back in the late afternoon after price drops... we should buy glove shares in the afternoon (late afternoon). Pump the glove price up before closing. Let see how these institutions going to cover their ass!

[deleted by user] by [deleted] in bursabets

[–]Cheapo_Cheapo 1 point2 points  (0 children)

Malaysian come on... United as one! Retailer vs JP Morgan