Posted by sense84 > 2021-02-03 16:46 | Report Abuse

i thought there is a watchdog body that look after our interest....

Posted by wkc5657 > 2021-02-03 17:10 | Report Abuse

please stop this, you may kill a lot of small time investors....

look, i understand you are approaching 50k members, but realistically speaking, you can't move the stock much when :
1) the short position is small 4% max (not gamestop level of short position 140% of issued shares)
2) glove short is not concentrated on topglove, but also distributed among the other big 3
3) even if everyone of your 50k members pour in average rm1000, that is only rm50 million...50 million easily absorbed by normal daily trading...
4) how much more do you think retail players can put in realistically? do you think all your fellow members can keep doing this for at least another 10 trading days?
5) to really move topglove, you need more than 10 trading days of your members pumping it...how much money do they have....please don't tell them margin sailang....
5) top glove is very liquid

only big funds can truly help your cause, not retail players....if not a lot is going to get burned and can you live with that conscience?

Posted by arv18 > 2021-02-03 17:39 | Report Abuse

it will end in tears like wallstreetbets. just let them learn the hard way.

this is not bursabets, it is topglovebets.

Posted by Erik Ooi > 2021-02-03 18:39 | Report Abuse

Money can buy any Institutions and watch dogs. Just need a clean government to put them behind bars. Just a matter of when. Meanwhile their credibility is at stake.