HT8 10.0% 0.9¢ harris technology group limited

Seriously, this manipulator/accumulator refuses to go away and...

  1. 198 Posts.
    Seriously, this manipulator/accumulator refuses to go away and needs help.

    Stacking 200k, then another 200k, then another 100k, then another 150k shares at 1.3 sell? Really? Somehow everyone now knows that this manipulator/accumulator will stop at nothing but continue to sell until everyone else has had enough and leave the table.

    Probably thinking that no one is bothered to look at how many shares in the history of past 24 months been bought at 1.3c, to figure out that this guy's is plain stacking/selling at a bigger and bigger loss like it's been in past 12 months, hoping to get some poor sod to pull the plug and fold at 1.2c and below, so this manipulator/accumulator can buy some back at the bottom?

    Especially when everything's already been disclosed, including FY16 outlook, as per announcement late Friday last week?

    Seriously?

    Unless it is Paul Warren who's still cashing his Warcom earn-out whilst sitting under the 5%/substantial shareholder radar. Only a few more weeks before the audited annual report comes out for everyone to see who's got what.

    IMHO board/management either got knee-deep with dealing with nothing but YHD supply/margin issues in recent months, and/or be stupid enough to think that the market will eventually pay fair-value for its shares, when manipulator/accumulator is fluffing around with this stock taking advantage of the complete 100% lack of buying interest, and after some of us got burnt in the process.

    Some people are a little sick and tired of watching the company acquire a business, then spend more to fix it up and make a loss, then buy another business again, and then spend some more to fix it up and still make a loss, repeat and repeat going into FY16 forecasting a $600k EBITDA loss.

    At the end of the day, without the sugar-coating a loss-making result in business is a poor result, bottom line.

    Where to from here folks?
 
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