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15,276 Posts.
45
05/01/07
12:02
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prophet4me...
Yep, spot on...why the ASX doesn't simply identify these people from this sort of activity is beyond me.
He did it at 50c, then again at 56, then again at 54...and the dumbo's fell for it every time.
Always a safe dsitance from the "action" and always followed with a little "kick off" sell immediately after it is placed.
Blatant, in-your-face manipulation. designed to scare out the amatuers from otherwise holding onto a good trade.
Have a good mind to take him out next time...then sell them back to him as is forced to buy them back at higher prices.
But then that would be manipulation too?
Cheers!
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