AJX 0.00% 1.0¢ alexium international group limited

Hindsight, page-230

  1. 85,657 Posts.
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    "Who else would have the volume to dump this many shares consistently for an ever decreasing price? Does anyone really think a retail investor could hold enough shares to dump this much, and even if they did, do you think they would do it for such a big loss? Nothing fundamental triggered this sell-off."


    How about not just 'a retailer', but, a heap of them - orchestrated by a broker or brokers -- scaring the hell out of little holders - putting fear into them to influence them to sell?

    To whom? -------- how about a couple of bigger clients?

    Just like selling second hand cars - tell em your trade in's are crap - and tell the new buyer it's the best thing since sliced bread ------

    in the middle - you get commission ----- the very thing you survive on.

    End result -- transfer of wealth in a falling price -- lots of little one's sell - and a big fish or two acquire.

    Sound like a plan?

    And, no - it would NOT show up in nett buys or sells.

    Now, of course I don't know of ANY brokers who would do such a dastardly act - every broker I know is just scrupulously legally and morally correct.

    I wrote about this sort of shenanigans way back last year - this is the sort of crap that happens in big runners - solid companies.

    If ANY of you take on face value what is said and what you hear from people in these sorts of dealings --------- you are dead mutton.

    You MUST read between the lines --- you MUST question everything.

    If you think all this stuff will show up in things like nett buys and sells etc. - think again.

    There are more tricks in this game than any single person knows - and, if you did know it all - then some bugger invents a new trick next week.

    IMO - this last gaming - has NOTHING to do with AJX - NOTHING to do with charting - and, everything to do with game playing ----------- lining of pockets -

    whose? Your guess.

    In this game - there are things that stink -- take institutional support for instance -

    if you want your shareprice to be 4,6 or 8 or 10 bucks -- you NEED institutions - and sometimes you have to give stuff away to get them - and, when you get a SP going through the roof -- it's great - but,

    the downside is -- they play games - and, they also get out often - and, the ride down then is the exact opposite of great - indeed, it is complete crap.

    That is all the price of the game.

    have a great day all

    Pinto
 
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