SYR 9.26% 24.5¢ syrah resources limited

a rant

  1. 2,005 Posts.
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    It's 5am and I feel like a rant. What Credit Suisse have done over the last couple of weeks is an act of theft. They have forced the price down by rampant shorting until the stop loss prices were reached on the warrants they held and bingo, they pick up 11.9 million shares at bargain prices. The investors that took out the warrants would have thought that it was extreamly unlikely that they would ever be triggered. They didn't bargain on one of the most blatent bits of market manipulation I have seen. Credit Suisse, you got the shares but in my opinion showed yourselves to be a very low form of life, used car salesmen wouldn't want to shake your slimy hands.
    I paid 80c for most of my shares and picked up some more yesterday at 1.87 so I am making money out of this, but that doesn't mean I am happy about what has happened or how it was done. End of rant.
 
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