Ann: Quarterly Activities Report-ORE.AX, page-83

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lordsmasher

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01/11/16

12:01

Post #: 20278919
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Originally posted by nrcmedia ↑

No....what this tells me is that Macquarie was clearly in manipulation mode with its negative report a month or so ago and used its name and qualifications (which are dubious) to crash the stock and institute short selling. Not sure about Deustche Bank yet. So when you applaud the manipulation and loss of millions of dollars to trusting shareholders I would say that is not a reason to cheer...but rather a reason to do an investigation. My interest is now finding how much management was, or whether it was, involved in this clear violation of ethics...if not regulations.

For those of you that may be late to the party...Macquarie made extremely negative comments and assessments of Orocobre recently....and now after costing shareholders millions of dollars in losses we have them spinning on a dime and suddenly upgrading the company. This smells of corruption and thievery....and those of you that think people have forgotten about the recent Macquarie comments and rating...their feet will be held to the fire about their sudden change in ratings....trust me.

On the other side of the coin I am happy about a rebound in the share price....but I am more determined now to uncover what is behind the curtain with management's management.

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Not that I like Macquarie but if you read the actual report (http://www.macquarie.com.au/dafiles...cs/2016-08/AustralianLithiumMiners090816e.pdf) you'll see that:
* They talked about oversupply of Lithium
* They liked ORE, giving it price target of $5 (share price was $4.33 at the time)

To quote "Orocobre remains our preferred pick in the lithium sector as it is already in production and has been able to realise current off-contract pricing. "

ORE Price at posting: $3.72 Sentiment: Buy Disclosure: Held
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0 Great analysis

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