No worries - a good posting.
I get nervous about the manipulation going on in the ASX. We don't want another stock with TV in it's name, going into voluntary suspension.
A telling story in the online version of 'The Australian ' this morning: Apparently ASIC has 181 criminal investigations on the go PLUS 107 civil cases on the go. This is in a story about banning a certain number of Financial advisors.
How many of these are still trading and posting here on HC??
Anyway, it seems ASIC may be spending that extra $120 million allocated to them in the last Federal budget.
Equally worrying, is a story in the 'Wall Street Journal ' (online version) where the Americans are putting up the ASX bot trading as an example of how to do it!! Speeds are now at 4 nanoseconds - so basically, an average human trader has nil chance against the bots.
Was encouraging reading the American comments to the article though - they feel the same as we do about bot trading - basically bordering on Govt sanctioned cheating by the big banks / big brokers.
All the above is my personal opinion only. DYOR.
- Forums
- ASX - By Stock
- TV2
- OTT Divan - some light reading
OTT Divan - some light reading, page-256
-
- There are more pages in this discussion • 112 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online