I would not go and blame Asic for the manipulation and the effect of it.
There are manipulators (bots) all the time and ever since free market. One needs to understand why it causes wild swings like it did with MNM over last few days. I put this down to GFC and the way GFC changed trading. People still have uncertainty in the global market, it is still hanging by a thread, mum dad traders have tight stop losses, everyone wants to make a quick buck by going in and out of stock. The big boys analyze not just the market trend and the way trades are done but also understand the current mentality and emotion of today traders. This gives them the edge to manipulate a particular stock massively and to their advantage. They target stocks that are heavily traded by short term traders...
This is why I think trading has changed, but I also think once there is more certainty this will change. But the big boys will find another way to have the edge over all of us..
- Forums
- ASX - By Stock
- AUL
- an article no mnm investor can afford to miss
an article no mnm investor can afford to miss, page-14
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online