Originally posted by Samboy69
big gap on close again
4,4c is the cappers fake offerees
some buyer took out a good 1M chunk at 4.3 & 4,4 at the close.
UBS is taking equity out of circulation and "maybe" short selling indirectly.
UBS is lending shares to who exactly?! I wonder who? The capper & Pershing of course.
Looks to me based on zebs analysis UBS is batting for the other side and allowing themselves to be used as capper pawns whilst making small margins on trading.
Yet UBS the last 3 weeks has net bought $2.2M and sold only $12k.
If we look at the last data, it appears their churning is over and accumulation buying is now in play.
They succeeded in dropping the SP toward 4.0 but INSTO buyers keep showing up, who are these buyers?
Looks like 2M daily budget now.
Hakas data & zebs detailed breakdown shows some real funny business going on.
I can smell it a mile away. 2 groups are getting more defined daily -
UBS Pershing BMM redbackrules are on the black widow team,
CS HSBC Citi JPM NN AF CI RD zeb blowfly samboy elvis traderX88 are on the Mortein team looks like
Selling long holdings, only to repurchase them later is not a short-selling campaign. It's a traditional sell high and buy low strategy! I only couched my comments in terms of short-selling in my analysis to highlight just how much it didn't look like a short-selling campaign.
If you're wondering who UBS is "lending" the shares to, then you fundamentally don't get it. UBS
borrowed the stock! It's all there in the 603. Appendix A (p.3) spells out that that borrower is UBS. The lenders of stock to UBS are spelt out in Appendix A-1 (4):
- Henderson Altrnv Invst Advsr Ltd-Lmap Epsilon Ltd Octns (40m, by simple deduction).
- Maybank Kim Eng Securities Pte Ltd (2.626m, also by simple deduction by reconciling against the dates shown on the trading transaction tracker).
I'm still struggling to understand Hakas point.
You guys know that aglo trading is the new norm across most equity markets, right?
There's some real funny business going on here alright, but it's mostly off-market and limited to the commentary here on HC! (lol). The market is doing what markets do - especially when there's a larger influencing market at play (hint: the int'l NP).
My pinata whacking arm is getting sore...
(20min delay)