KCN 4.43% $1.65 kingsgate consolidated limited.

ASX is on notice about manipulation of Kingsgate share price, page-385

  1. 631 Posts.
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    CJW, absolutely correct. Watch the action at open, suggest take an exploded screen shot (ie one that shows all orders) at say 9.59am, then at 10.02am. this will show you how quickly the maggots come out to play. I must say that over the past few weeks there has been considerably less activity in that area which seems to support the upward trend in the share price. There was a post a few days ago that indicated a volume of shorting taking place. It appears that once again there is opportunistic manipulation where the maggots let the SP rise then take it down a few pips and take advantage of what we mere mortals believe is a rising share price.
    I have no expertise in this behavior, just putting together what has happened over the past few years. The only comforting fact is that there are institutions who find KCN an inviting target.
    Stay committed, and, step around the dogsh!!t.
 
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