the usa, page-3

Just an additional thought on current developments - a while ago (might have been on HC) I mentioned that I believe there is another major factor involved which has been responsible for the long term depression of this stock, and that is, quite simply, there are parties who have an interest in keeping the stock price as low as possible. Sure, the shorters are always mucking about, but with the dearth of financial info and the lack of turnover in recent months, there's not much shorting possible. Rather, I think there are more powerful issues in play. As soon as there is any sudden positive news or a rise in the price, bang, in come the sellers...My question is, if you've been holding the stock for even a short time, why would you sell into an increase in turnover and escalation of price so quickly? 'Let the share price run' is usually a good approach when the positives are in place, and as has been so clearly evidenced over the past few days, it is (IMO), primarily the intransigence and politically motivated bumbling of the government of NSW which has caused much of the concern about ERG. So, who is doling out these small parcels of shares which quickly come on to the market whenever there is an upwards movement? Is it BT? JP Morgan? One would assume that as these stakeholders have held large parcels shares for so long, they would be reluctant to sell now, particularly when it appears things are going to change for the better in the months ahead. The disastrous interfering and blame-shifting of the last few years must soon be coming to an end, as it would seem the simplified fare structure, which has been advocated from the outset, will shortly be initiated as a matter of necessity, regardless of the political consequences. Is someone trying to shaft Saville, or is he three steps ahead of the pack? Etc Etc Etc, I could go on forever.....