KEY 0.00% 0.1¢ key petroleum limited

So you think this stock is being illegally manipulated...

  1. 17,111 Posts.
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    So you think this stock is being illegally manipulated (churned)?

    I don't. I think genuine sellers at 13-14.5 - sophs happy for a ~20% return in a few weeks when they normally are lucky to make that in a year.

    And a genuine buyer, unlikely to be management.
    But we are not talking a huge sum here - $65k for 500k shares, but if they soak up a couple of million I will be impressed.

    Clearly some props below the market, so in that sense it is being manipulated, but normally that propper only goes hard on a price sensitive ann in an attempt to drive the SP up ST, presumably to dump. And every time they damage sentiment so it is easy to buy them back. Too easy for those beyond the law.

    IMO it needs to get beyond 14.5c to show the register has tightened up.
 
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