The Dow Jones and S&P 500 ended Wednesday modestly lower following the Federal Reserve’s latest policy update, where the central bank kept interest rates steady and Chair Jerome Powell signaled it would wait to see the impact of President Trump’s tariffs on inflation before proceeding on rates.
It shows to me that these short sellers are becoming more desperate now as the share price increases, they tend to bet more on shorting the YTL Power shares to "average up" their shorting price. These are long term bear of the counter.
It is a reverse of position for long-term bulls like me and EPF. We tend to buy more YTL Power shares when the share price drops to unreasonable levels like RM3.00-3.20 level in late May / early June after the share price was adjusted down for the bonus warrants.
These short sellers are long-term bear and they tend to think that YTL Power shares are over-valued, or they know of something negative coming to the company, like in early January when they might have known that the company was going to announce the bonus warrant proposal or DeepSeek was about to come out.
That's why I became more cautious this time round when I see short positions building up on YTL counter in past 2 weeks. I have tried to check with my sources if there is anything negative coming out for YTL, and the feedback all show no apparent negative development happening at the companies.
Why the share price keeps going up then?
There is only one answer - some good news is coming soon and insiders are buying ahead of the good news. UBS and Maybank recent update reports on YTL Power have given me some clues on what may come.
Mr Dragon，为什么卖空不停的增加而股价却上升呢？除了那天大涨资金流入，最近的资金都是流出的比较多。
It shows to me that these short sellers are becoming more desperate now as the share price increases, they tend to bet more on shorting the YTL Power shares to "average up" their shorting price. These are long term bear of the counter.
It is a reverse of position for long-term bulls like me and EPF. We tend to buy more YTL Power shares when the share price drops to unreasonable levels like RM3.00-3.20 level in late May / early June after the share price was adjusted down for the bonus warrants.
These short sellers are long-term bear and they tend to think that YTL Power shares are over-valued, or they know of something negative coming to the company, like in early January when they might have known that the company was going to announce the bonus warrant proposal or DeepSeek was about to come out.
That's why I became more cautious this time round when I see short positions building up on YTL counter in past 2 weeks. I have tried to check with my sources if there is anything negative coming out for YTL, and the feedback all show no apparent negative development happening at the companies.
Why the share price keeps going up then?
There is only one answer - some good news is coming soon and insiders are buying ahead of the good news. UBS and Maybank recent update reports on YTL Power have given me some clues on what may come.