FMG 1.20% $21.41 fortescue ltd

This seems to be a pure manipulation of the share price by a...

  1. 43 Posts.
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    This seems to be a pure manipulation of the share price by a substantial holder taking advantage of a shorting action that they created!
    Maybe there needs to be an exclusion period preventing companies from buying back in within a certain time frame after they dump a heap of stock resulting in a share price decline. A more cynical person might have described their actions as sabotage!
    Maybe even time to outlaw Shorting!
 
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No. Vol. Price($)
1 93 $21.40
 

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$21.41 12657 3
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