Last Wednesday, Morgan Stanley put 4.2m sell orders (two orders) on the opening auction, drove price down from 25 to 23c, other large sell orders at the auction, was from CMC. You would know whom behind this price manipulation.
The 4.2m sell orders, were executed 2m, the remaining was pulled immediately after the opening. I suspect today's actions, Morgan and CMC were involved as well.
All imo.
Running Commentary on the SP Movements., page-7379
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