RAP 0.00% 20.5¢ raptor resources limited

lol... I don't believe they can "manipulate" the share price...

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
  1. 5,046 Posts.
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    lol... I don't believe they can "manipulate" the share price with 1 share! At most they can flip it to the other side of the spread from 32c to 31.5c, or from 31.5c to 32c.

    If they hold a lot of shares they can keep dumping those shares to the market to hold down the price. Sooner or later they run out of shares and the price will rise. Or they borrow more and sell them too, until they're mortgaged to the eyeballs and then God help them when they can't keep the lid on the price.

    All you posters who are so aware of the what's happening; why does it worry you? Whatever your trading style, it works in your favour.

    If you're long, the longer the lid stays on the more time you have to save up more money and buy more against the time when the lid comes off. If you're looking for short term trading opportunities I can see plenty of spikes and dips on the graph so you should be having a field day!
 
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