VBA 0.00% 35.5¢ virgin blue holdings limited

So after the pre-opening 202 million shares traded hands, VBA...

  1. 1,140 Posts.


    So after the pre-opening 202 million shares traded hands, VBA saw another 65 million odd shares change hands.

    And where do we land up in the end? 43cents close, 2.27% down. This stock is so highly rigged/manipulated, I really don't even know why I bother trading it at times.

    In the auction the buyers made the sellers ( or a team effort) made the share price close at 43cents, and the stock didn't even touch that the whole day.

    Brokers continue to raise their price targets, however VBA goes down. Seriously ridiculous. I thought that the crossing this morning was at 51 cents. I thought the market would be impressed with the fact that such a huge stake was bought at that price, and hence value it closer to that level?

    I am just dissappointed and perhaps angry at buying at 44.5

    Anyway hope for a better Monday.

    Cheers
    mayo




 
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