class action against asx - algorithmic trading, page-2

  1. 1,871 Posts.
    100 thumbs up Gwahir, i've followed your posts for a long time, you're on the same page as the silent majority. If Maurice Blackburn want some "research" material, i'm sure they'll find my faxes and email complaints to ASIC and the ASX (depending on who were the regulators at the time) of special interest, that have been ignored for 10 years. Some of the most blatant fraud was explained away as "it's all part of a bigger order" when a share falls 5 or 10 percent at the end of the day because someTHING (bot) bought one share at a value of 20 cents, and in the process smashed the market cap of the company by 1.7 million dollars (AGS Alliance Resources), and set the scene for the next days rorting, and triggering "at market" panick selling by fearful investors seeing the ar$e fall out of the price every day and simply wanting out, and for the scum to grab the low lying fruit (stop losses) on the way down.

    Sentiment: Send the insider trader bastards to jail.
 
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