Telstra was $3.46 just 11 days ago, this week alone since the U bids were reintroduced, the price has fallen from $3.31 on Monday to $3.14 now (low today has been $3.13) and this is the supposed bluest of blue chips, about half of Australians that own shares have Telstra in their portfolios. The share price is DEFINATELY being manipulated down with lots of help by the U-boats. This needs to be added to the submission by Stumacca to the parliamentary commitee, plus the half cent price increments able to be traded only by instos. I asked the ASX on the phone today what benefit this U bidding is to the general public, he told me to send them an email for a response. I also asked why was it brought back after so many years, he said "our members requested it" members being the brokers/insto's....of course they would, they have the power and their money talks, stuff the ordinary folk. Talk about vested interests, and the general public would be CLUELESS about these goings on, they just read the morning paper to see their share price getting decimated daily and just shrug their shoulders and say "it must be the financial crisis" Ignorance is bliss.
Sentiment: The worst bunch of swear words that were ever spoken.
