Ann: Investor Presentation, page-55

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sewell64

4,600 Posts.

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14/09/23

21:38

Post #: 69864817
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Originally posted by Crystaltrade: ↑

Jake, I am under no disillusions about the manipulation that basically are stock exchanges these days. The bots rule the roost. I'll put this article up as I do every time the matter comes up;

https://www.abc.net.au/news/2012-04-11/kohler-high-frequency-trade-parasites-at-heart-of-asx/3943052

But this is the EDE forum and I feel it's bad form that Sewell is continuously bringing the matter up here. Especially with negative posts like this;

"With such a low number and value of trades, this stock is very easy to manipulate. Additionally, because the price is now so low and the company will not consolidate the huge number of shares issued, a 0.001 increase simply becomes a much larger % rise, which (hopefully for the manipulators) sucks in more suckers."

Post #:69804567

If they think anyone owning or buying EDE are "suckers" at least be honest about it, not try and make out they are just trying to have a reasoned discussion about manipulation when they are really pushing their belief that it is EDE doing the manipulation.

There are appropriate forums for this discussion, the ASX-general is one. In fact, the charts I put up are of a stock they own.

So why are they here not there, when there is more than enough negativity to go around already is what I was getting at?

Here is the days effort from that stock;

Clear manipulation pushing the SP up. Yet they come here to FUD but get all righteous when you call them out on it.. An icky bit of business.

IMO DYOR GLTS

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Thanks,your link confirms what I was saying about "sucking" in more investors. of course when the tiny increase in share price can mean a 33% increase in profit, then the lower priced stocks are the ones the high frequency trading bots will target.
Because I said "the company refuses to consolidate" does not mean I believe they are manipulating their stock. It doesn't help, but there could be other reasons, like being unable to afford to. Jamie is probably too busy juggling the other two companies finances as well as ED's.
I said before I have no idea who is manipulating the stock, so I'll leav you to speculate who it might be. Maybe it's just AI

Last edited by sewell64: 14/09/23

EDE Price at posting: 0.3¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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