RHK 0.00% 78.5¢ red hawk mining limited

my last post....., page-60

  1. 1,258 Posts.
    Posting messages in forums takes a lot of time. I for one have no interest in posting messages in stocks I don't hold. So when I see members posting negative comments, that are usually just sweeping generalities, about a stock they do not have a position in I have to ask why are they bothering?

    The tragic thing is that a lot of inexperienced traders read these posts hoping to seek some reassurance when a stock they are holding falls back a little.

    These manipulative deceptive people are aware of this and deliberately plan to give these green traders the jitters and panic sell their shares.......

    They try to scare you, shake you about even bore you out and they can do this because they have enormous funds at their disposal.......

    Remember, there has to be some benefit to be had by these negative posters otherwise they wouldn't do it......What sort of person enjoys seeing others distressed.....THEY ARE NOT HERE TO HELP!!!!!!

    When a stock falls so rapidly, such as FMS has in the past few days, it is the direct manipulation of large holders trying to force the price down so they can buy cheaply that is responsible.

    They are trying to get you on the wrong side of the market.....

    The FMS share price was deliberately driven down prior to the announcement on Thursday. The selldown of the entire resource sector combined with the history of price falls following weekly drilling reports set the scene for this campagne.

    Once the panic selling commenced these large holders placed huge sell orders on the ask 1250000 at 10.5 and 1300000 at 11 respectively, just far enough away from the price action not to get filled....Therefore, in order to sell, traders had to jump over these orders or risk not being filled......This effectively kept the price below 10.5.

    At the same time, all the big buy orders below 10 were removed giving the appearance of no support.......and threads insinuating that the stock could fall to as low as one cent added fuel to the flame.....

    As the price went lower so did those big orders but never close enough to be filled and they were removed on Friday....

    I must say I was very nervous but held my ground...especially when I saw those big orders moving down......

    And you may note, that big orders have now appeared on the buy. The price did not go lower yesterday. If there was selling pressure why did the price close on the high and large volume........Just as you never buy at the top with a volume spike on a narrow spread...Never sell on the low under these conditions.....

    Look at the volume that has been traded over the past two sessions... it is unlikely to be all holders jumping ship.... More likely the manipulaters selling to themselves sweeping the inexperienced into their trap and buying their shares.......

    When I made this observation in a previous post on another thread it was interesting that all the downrampers were quick to quash my observations as nonsense.......

    Actions speak louder than words.....


    Good luck all holders

    No one can predict a stock going to $1 but neither can they preict it going to a cent.......





 
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Last
78.5¢
Change
0.000(0.00%)
Mkt cap ! $156.8M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 2000 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
78.0¢ 573 3
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Last trade - 16.11pm 30/08/2024 (20 minute delay) ?
RHK (ASX) Chart
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