MEO 0.00% 0.0¢ meo australia limited

worst kept secret or market manipulation, page-4

  1. 1,977 Posts.
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    Hi MGC,

    If there has been a leak to cause the massive plunge in the SP in the last few days then I can assure you that some one will go to jail.

    There cannot possibly be a leak on the result of the Artemis 1 drilling because,wait for it...

    The drilling has only just started..I am talking about today ...the prep work has taken a few days cementing casing ,installing BOP, etc.

    WE will know more next Wednesday.

    If they strike significant HC's in the first target formation the will no doubt announce this ASAP ..no need to go into a full on trading halt.

    So what's left?

    Manipulation ...any massive trading that is artificially orchestrated to shift the SP substantially in any direction for the express purpose of aiding the perpatrators financial advantage to the detriment of other less "advantaged" shareholders is quite simply...

    Manipulation .... whatever the motive is.

    That is my opinion and I will stick with it.

    Too many shareholders in a lot of stocks have been exceptionally disadvantaged from time to time by "manipulation".

    The abberation in MEO trading over the last few days is indicative of of the above...it has had a flow on effect to MEO's partners as well ...MOG and CUE.

    So there you have it .. I can conclude that it is NOT a leak! ..just an entity or entities playing with the SP.

    All of the above comments are strictly my views ..feel free to form your own.

    Do your research and it will make share trading more transperant to you ..at least you will be informed about the market mechnics and be better placed to avoid getting caught out.

    So good luck with it today..hopefully the Bots will give it a break or change direction.

    If it doesn't stop then I am sure JH will be deluged with phone calls and emails .. What is MEO's position and stance on all this? Blind Freddy knows what's happening ,how about MEO ...is this the way to preserve shareholder capital after the "Strategic" CR last week.

    Enough from me

    Back to Iress for the start of action.

    Cheers

    HR


    No advice given or intended ..DYODD ...its your money ..keep it safe...ask questions!

    Cheers

    HR
 
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