TopGlov U Turn Speculation

TopGlov is once of the strong dividend share, however it still can be speculate by big fund manager. With the coordination of good news and bad news a good share can be speculate to make a big profit for fund manager.

As we know TopGlov share start moving up after the 2Q2010 financial report at RM 12.40 with
the news siding that globe demand on glove is high and US medical policy will increase glove company earning. During that time Ringgit Malaysia already strong vs USD at RM 3.22 level so why by that time the news did not role out?

After the share hits RM14.00 and may be the big fund already know most of the retail investor already in, so they use the currency news to cause panic selling to drop the share price back to RM12.50 level as where they begin. The speculation is a success as we can see a high vol trading at 15 APR 2010. The speculation only take 1 month time for TopGlov share price to make a U-Turn at RM14.00

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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