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21/09/12
09:07
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i wish, kipling.
if there was an award for dodgy price action, MGO would win it atm.
there's nothing on the sell side and the price keeps getting bashed by off-screen trades.
i was talking to an american CEO recently and he said the ASX's faultline was the small size of its companies.
by buying and selling, a trader/broker/fund could easily manipulate a company's SP for minimal outlay.
that appears to be the case with MGO.
i bought at 12 cents - then sold.
i bought at 11 cents - then sold.
i might get caught out if there's a bounce but i think i will get them cheaper still.
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