Well, if the BEOT decide that that will be the closing price tomorrow then that is what it will be.
Most Lithium plays behaved in unison today which is demonstration of what fund managers etc can do..
They are very good at manipulating stocks and if you think the BEOT is not corrupt then I refer to the Banking and Finance Royal Commission which demonstrated just how manipulative and corrupt they can be , not all but many. (also the video......The Dark Side Of The ASX )
The Corporations act Sect 1041A, Stock Manipulation, is breached hundreds of times every day yet ASIC does nothing.
To beat them ,simply hold the stock no matter what and eventually provided the fundamentals are good you will do ok
I have nothing against shorters providing they
1. Identify themselves and
2. State the reasons they are shorting a stock ( for all to see, and legally challenge )
As for algorithmic trading .....they are parasites , nothing more , nothing less.
cheers to all
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4 | 141618 | 0.097 |
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