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primaus72

3,407 Posts.

104

15/09/15

14:41

Post #: 15995971
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Originally posted by Mightyatom ↑

I know I must sound like a broken record but I honestly feel the majority of shorts and longs are one of the same. That is a sudden spike up is short account buying from the same entities long account and spike down is the opposite. There aim? To catch unsuspecting in the wash.

Notice the accounts UBS are using to trade the stock - London sells to Australia, Australia sells back to London..... Then we have NABsters playing the game with super funds where they have interest - loan stock to investment bank brothers.

I'm convinced the end game is long on the stock. Accumulate at as a low a price as they can drive it.

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I agree but this wash cycle is heavy duty... hard for avg retail holder hold seeing their investment drop by 5% day on day almost.

With some luck.. stock goes ex-div Thurs close then stat accounts comes in Fri open for a nice green day

SGH Price at posting: $2.60 Sentiment: Hold Disclosure: Held
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