AUL 7.25% 32.0¢ austar gold limited

Although there seems to be blatant manipulation, its not always...

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  1. 123 Posts.
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    Although there seems to be blatant manipulation, its not always the case with these small cap stocks - there was huge buying volume down to .005 last week, then out comes an announcement yesterday and pushes the price up to .007 - we didn't get past .007 as plenty of traders were happy with a 40% gain on their 5k investment in 3 trading days. So the sell down begins again and then the sheep who panic, follow and sell because they can see traders selling - Lets not to forget that there are 1.9b SOI so the 70mil traded last week represents only about 5% of the total SOI.

    There is always going to be buyers and sellers in just about every stock, be people who give up too early, and people who just need to pay bills. like slicedbread said - who benefits from AUL going broke? absolutely no one! Magna may be trying to drive it down but they certainly won't have that many/if any shares left to do so IMO, so it's just left with weak hands to do the bidding. Once the week hands are gone and we get a capital raise happening then this thing should start to fly. All IMO - GLTAH
 
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Currently unlisted public company.

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