Good thread Botkiller & you have 110% of my sentiment & support. We have all been skinned good & proper.
You have to consider that the has to be ASX hurting as well from reduced trades, investors sitting on the sidelines, cash in other places, dark pool trading, other classes of investments.
Non blue chip companies are hurting as well. They are losing value, losing the ability to raise capital, diluting shares by cap raising. Where does it all stop, can it just go on & on, is there a bottom?? if so where. I thought we were there ages ago. Also it has to stop theoretically somewhere even for the bots, is that the bounce point. I wonder whet is their plan when stocks cant be sold anymore. Are they just like locusts & move on to another class of investment.
The market as we knew it consisting of regulators, companies, investors & even brokers has lost logic & control (as much as we had control)
I really dont know what the answer is altho its kinda like guns in the USA. Someone, somewhere has to draw a line in the sand & say "this is enough". Lets attempt to legislate, act, control & penalise the bots.
