CGA 0.00% $1.00 contango asset management limited

88888 ?, page-26

  1. 2,843 Posts.
    t4p
    How would you then rate putting in "suspect" bids during the preopen auctions both before market opens and closes on any stock.This practice is rife throughout the entire ASX.I have spoken about this on the ANP threads calling it market manipulation and a poster immediately replyed me saying this and i quote

    "Rob

    That is not share manipulation but the willing sellers/buyers using the ASX price matching system to their advantage."

    Secondly the entire market is rife with propping, capping,false rumours on public forums ,and whilst Hotcopper does its best to weed through this disgusting practice they cant check everything it still goes on.Simply placing a "IMO" immediately after a ramp post seems to be ok??
    In short, whilst i enjoy reading stock market forums, i believe they have changed the equities market in a huge way, and i have been involved in the markets for many many years and to me the small cap market has turned into casino with daytraders galore,failing to recognise value or in some cases severely stressed companies financially which is very disappointing really IMO.
    Rob
 
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