AGO 0.00% 4.5¢ atlas iron limited

shorters paradise - next support level for ago, page-103

  1. TDA
    11,411 Posts.
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    "Unfortunately, they, and you, just refuse to accept that markets go up and down, quite often for no apparent reason"

    No that's not correct Mongombolo, you are generalising and have no idea how I trade. I have been open and honest on here and was hit a couple of times with tight stops in place, I have been trying to find out reasons why the short interest is so heavy (apart from the whole commodity market pressures) and whether the expansion plans and capital needed for that are the reason.

    That is far away from the discussion that was being had though, it was more about the HFT and predatory shorting practices that take place and put more pressure on a listed company than would otherwise happen for say a private company. Why is it as you say that people should just accept this, that people need to accept others can lend their shares so that they then can be shorted, why should everyone just accept and adapt or leave the market?

    Where does it end with the financial products dreamed up by the big end of town to simply have something else to trade, why should people not complain and have a voice also?

    Myself I understand why you say to adapt, I have and do, but that doesn't mean it makes it right what is happening out there with advantages swung heavily to one side. There are many people who rely on super funds etc to invest for their future and retirement, nobody can expect that everyone should know the every detail needed to try and survive in the market, everyone may as well become a professional trader if that were the case. Yet every employer must pay staff super (which is rising soon) and our government wants people to save more here so that they aren't hit with mass pension burden, yet a blind eye is turned when companies can be targeted and virtually pushed to the brink.


    It's not a level and open market, people have the right to question.


 
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