PLS 0.61% $3.25 pilbara minerals limited

The Impending War Against Short Sellers, page-56

  1. 673 Posts.
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    Thoughts again only:

    like a power play in cricket. That would cause some damage to my little friends. Imagine that when we had 200+M outstanding. 20 cents, call power play, and then take it off at 1.47 - suffer you little maggots.

    I still prefer levelling the playing field by changing the rules of engagement to the same as we endure:

    - transactional brokerage (% of value) on each and every trade - none of this all you can eat option.
    - minimum trade numbers (to cut out the one share crap)
    - no mid point price (like us - its whole cents or .005 - none of this .0075 and .0025 manipulation - we can't do that)

    If the above comes in, no objection to their PCs in exchange or HFT - my compromise position!

    This would go along way to even the field.

    Oh, and I would also like better daily reporting and transparency of short activity - reports should cover daily created, daily covered, daily ticker outstanding amount. Nice and transparent.

    Maybe change the rules around SOD and EOD auction - lots of questionable thinks happening here.

    Hope you are listening Mr ASX and ASIC. Hello

    But I like the idea of DDT - simpler and quicker!
    Salt also might be good on their maggot bodies - works well on slugs in the veggie patch.
 
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