Explains why Fox shares took a dive after Tricoms involvement.
'While Tricom had control of its clients' stock it often used it against the clients' interest by lending the shares on to hedge funds and sophisticated investors for `short' selling, to make a profit by driving the company's stock price lower.'
Dodgy dealings cost me a lot of money. Can't believe it's legal!!!
I suspect Don Harper was forced to sell his shares due to a margin call from Tricom. Payback for dealing with Tricom and for not looking after Fox Shareholders!!
- Forums
- ASX - By Stock
- FXR
- hope don read this
hope don read this, page-2
-
- There are more pages in this discussion • 9 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 FXR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online