AGS 0.00% 17.5¢ alliance resources limited

look at todays trading, page-216

  1. 1,871 Posts.
    Hi moseley, i have no choice but to hang in there. As Spruik has pointed out, there aren't enough buyers to accomodate my sell order if i wanted out, i would have to sell them down to 5 cents or whatever generous offer the buyer(s) give me. You see i'm not one of the privelaged ones like the instos who can arrance special crossings at a pre-determined price before during and after market, like happens every day in hundreds of stocks. I cant break my order into small parcels to try and get a better price, as i would have to stump up brokerage for each transaction. So i'm in AGS till death us do part. i might not live long enough to see the day that AGS might flourish, this possibly will drag on for several more years, all my capital is tied up, no way out. I've done my total arse on the stockmarket the past 4 years, in particular the last two, when the algo trading and shorting was at its most frenzied pace. I got myself into enormous trouble buying stocks, watching them plunge 10-20% the same day i bought (due to shorting) then holding overnight in the hope of a next day "bounce", and they fell more the next day repeat and rinse. I then doubled my loss, multiply this times a hundred or more occasions, and you have a financially crippled investor (me) and now my last hope AGS is falling like a stone every day due to manipulation by unknown people, because ASIC wont investigate AGS trading or any other company's trading that i have complained about. When the coppers are bent, you cant get justice i'm afraid. Look at CMR Compass....what an absolute disgrace ASIC were there. Watch shareholders get real angry now that the spotlight is on this YAG mob who's main man has been charged with F R A U D. Acoupke of dozen ASX companies have financial links to this mob, and heaps of those companies have been shorted to blazes (LYC the worst one)I hope for the best, but expect the worst. Just look at some of the big companies to go bust, under the watchful eye of ASIC. Babcock and Brown (lost 10k), HIH, Onetel (lost 25k there)Compass Resources (30k loss) KZL only this year, many other small miners i held over the years either went broke or did 1 for 100 reconstructions, and the 10k investment is now worth $300. My goose is cooked at this time. And to rub salt into the gaping wounds, the all order are up over 500 points in the last 6 months, getting rather sick of all the financial commentators saying what a great day it's been on the market, it's mainly the 4 banks plus stocks like CSL and Wesfarmers and the like. The miners for the most part are going like busted ar$e$, especially the little ones that i was invested in.
 
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Currently unlisted public company.

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