true to an extend. Even then they'd be relying on the fact that the market is just full of idiot herds who believe the rumour even though the company has given no public information.
People still have their own minds. Equally big or bigger instos could've said the rumour is bollocks, we buy instead, and buried the hedge funds.
Ultimately it was a gamble which paid off. People gamble all the time. People who lose at pokies complain the machine is rigged. hedge funds gambled big and won. They could've lost, then nobody would be complaining.
Always excuses, but not if things go well.
ABS Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
