ELK 0.00% 1.4¢ elk petroleum limited

bizzare selling, page-12

  1. 1,382 Posts.
    It's just bot trading by brokers shorting this stock. Because they don't pay broker fees obviously they can trade all day long like this, day in day out.

    Keep the price down, flush out those holding that have to sell.. it's much worse if you're geared on a margin loan and get below your margin and have to sell.

    This is what the hedge funds use to crucify small holders who have to sell.

    I agree it is outright market manipulation and of course 100% allowable.

    regards,

    Hectobar
 
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