bear raid?, page-11

What we witnessed yesterday was a short attack led by Saxo bank to bust stops and margin calls causing a flash crash on the share price. It stopped at 3.12 because there weren't many stops left after that level to keep the momemtum going. They got what they wanted. Picked up a bunch of shares cheap, covered their shorts and will feed off the extra shares at a higher price. They've done it several times in the past, but usually under the guise of a "bad market day" or marginally bad news. They're getting very bold to pull it off during a decent trading day. Never should have happened. ASX should be looking at the brokers not to KAR as to what caused it. But then, they know that already. Greed at it's worst.