dream, page-6

To my thinking and this is only in my personal opinion, it is the 'normal' (for these days on the ASX 200) market manipulation that is going on with just about all stocks but especially the micro caps and small caps. i.e. any sign of weakness and the sp will drop, due to all sorts of reasons....but then, don't be surprised if it goes back up by say, 20 per cent, in say, a week - thereby making someone or group a nice little earner (assuming they bought in the millions of shares, as opposed to the thousands).

It is no coincidence that the ASX 200 is one of the worse performing share markets in the world (not just the western world) in the last couple of years. At the end of 2011, it came in 31st in a list of the 'best performing' world sharemarkets (as reported in 'The Australian' and if you want to check further, the ASX 200 is still over 30 per cent below it's level of late 2007 - that is five (5) years ago folks. GO on....check it for yourselves, if you doubt the facts. As many people, on many HC forums that I have read this year, have pointed out, the piss weak oversight of the Australian sharemarket by the regulators, means it is ripe for manipulation by the big players. For example, only in the last few months has there been any serious discussion of the damage high frequency trading is doing to the Aussie sharemarket in general and retail investors in particular.
It was only a couple of weeks ago that I read that Minister Shorten has finally woken up to this and has promised action but as usual, that will be in 2013, not 2012.

Fundamentals still hold true but the short term trading strategies do not (necessarily) work anymore,due to the big players manipulating the market - all in my opinion, of course (see paragraph above).

If you take a long term view based on fundamentals though - then a year ago, OBL was around 2 cents to 2.5 cents per share.
A year from now?? Two years from now??

Last but not least, this is the internet. I, you, we, have no idea whatsoever, who we are corresponding with on HC, or what their motives are. There are more chinese whispers and misinformation posted on HC, than a whole season's episodes of 'Game of Thrones' intrigue. Some of these HC posters are a part of groups who are playing 'tag' with us - think DTs, for starters.

So, if you believe everything you read on HC, you are asking to lose your hard earned money. I almost feel sorry for a certain poster (who has 'disappeared', apparently in recent weeks).......and if you check out QFX you might be able to work out why I might feel sorry for said (unnamed, missing in action) poster.

All of the above is my personal opinion. It is not investment advice, as I am a simple (and small), retail investor (who is still silly enough to believe in the 'free market' and capitalism - although my patience has been severely tested in 2012).
Anyway, as always, DYOR. It is a dangerous world out there.