budcar... in many cases this selling is forced due to their internally rules of holdings.. i.e. if the dividend is dropped, they are forced to liquidate. In this case, CFS are more then likely dumping due to the failure of Storm financial.
I just sent an email to CFS. See below..
I am a shareholder of MCW and have been watching your company dump MCW shares over the past few weeks.
Its absolutely disgusting and you should be ashamed of yourselves.
The manipulation in share price, and blatant disregard for other traders while this dumping is occurring is un professional!
Please pass this onto your treasury department so they can pin it on their wall!
Merry Xmas scum bags!
MCW Price at posting:
22.5¢ Sentiment: ST Buy Disclosure: Held
