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Short | Joined since 2016-08-31

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Stock

2016-09-01 15:33 | Report Abuse

Funds are shorting Maybank as EPF is selling, RM 7.60 is the likely bottom.

Stock

2016-08-31 18:16 | Report Abuse

For shorting, funds can either borrow scripts or buy back from open market in due time to cover their short positions.

"Likewise if they long. Epf lends stock for them." Is this correct??

Stock

2016-08-31 16:36 | Report Abuse

All this just because of the separation into two funds?

Stock

2016-08-31 16:27 | Report Abuse

Across the board or finance sector only?

Stock

2016-08-31 16:16 | Report Abuse

Funds only dare to short when EPF is not buying.

Stock

2016-08-31 16:15 | Report Abuse

EPF also do trading nowadays; once it starts buying back Maybank it will be followed by short covering

Stock

2016-08-31 16:13 | Report Abuse

But at the moment, the Syariah fund is still so small to have an impact on the market.

Stock

2016-08-31 16:08 | Report Abuse

I have a different view, I don't think the two funds in EPF need to go through the open market to do that; internal transfer will do. More efficient and lower cost.

Stock

2016-08-31 15:58 | Report Abuse

There is a long list of companies in KLSE that can be "short", Maybank is one of them.

However, only funds are allowed to short by borrowing scripts. The cost of borrowing scripts can be high; so after shorting, normally soon after there will be short covering.

Stock

2016-08-31 10:45 | Report Abuse

Don't worry, Maybank is dropping now because it is being shorted.

There will be short covering soon. Short squeeze will push the price up very fast.