MCW 0.85% 58.5¢ macquarie countrywide trust

Yes, looks like it was propping for sales.Two big dumps now -...

  1. 17,111 Posts.
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    Yes, looks like it was propping for sales.

    Two big dumps now - Friday and today - both into lower prices, and I wonder how many million more to go.

    Recent volume still low on MCW so not a great environment to have a large seller dumping shares in.

    More support at 25c now, but the breakthrough of 27c failed miserably, and I regret taking my average up.

    I guess this is not the market to be letting your up trending stocks run and averaging up. Too many prop and dumps being run on the spec shares, and it seems to be the same game on the dividend payers.

 
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