Nothing but positive news on the horizon, rising sales, rising net… nobody can convince me that this price action is the result of anything other than short manipulation. Some might object to my association of short selling and manipulation, but sorry. Short selling is nothing but manipulation; it’s manipulation in its concept and it’s manipulation in its execution.
Some say - Oh, but short selling adds to liquidity. It does not. It adds only to the volatility. Now that might or might not be a good thing; arguments can be made. But for certain it is a volatility based on manipulation by design.
In my opinion, it ought to be made illegal. For those who want to bet for or against future price moves, please ASX, provide a futures market and keep these predators out of the primary market, which ought to be made up of buyers and sellers of OWNED shares.
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