CNBC and Taylor Swift are cool. No worries...
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:eek2::confused::ohmy::mellow:;):)
And heck of a lot of discounting as well?
Last year's sp action from 12 Nov 2018 to 14 Nov 2018 - from A$9.89 to A$9.36 would suggest market is not overtly enthusiastic about these single day event sales.
Margins imo - that's the story from July 2019 onwards - will sales growth offset margin squeeze to deliver profit growth.
The only way the sp is going to have any lasting rise is for volume buying to overcome the manipulation of the players small bot trades ,so let's hope the AGM has some good news snippets to invite buying volume and knock these scum back into the pond.
I only watched the first 10 minutes in which there is nothing presented (in my view) that supports the statements made.
The way I see it if an algorithm is selling for some other reason than to maximise price then someone will come in and buy them and drive the price back up again.
Just because you say it in a video doesn't make it true.
Couta and Beagle (and others interested in the SP manipulation going on with ATM on the ASX), here's a link to a U Tube video called "The ASX's Dark Secret."
It's a rather dry 30 min watch, but shows how the ASX possibly gets manipulated by the shorts.
I'm not sure about the motives behind this video nor why the concerns have not been taken up with the authorities..... is it 'simply fake news?? ' Anyway, it's an interesting watch IMHO.
Hi Lf, that's exactly the same video I've posted above and it is very scary indeed, once I was blind but now I see. PS-Some holders over at Hotcopper have already written to the regulators re their concerns over the kind of manipulation highlighted on the video in relation to A2 and it fell on deaf ears.