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clock Created with Sketch. 12/04/18
16:17
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Originally posted by Freehold
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Almost every stock Ive ever held has multiple people complaining about manipulation and/or bots etc Usually only by novice/inexperienced traders. Some regularly contact ASIC to no avail. You need to understand that ASIC is a massively understaffed and underfunded organisation and is generally known as a toothless tiger because of this, amongst other reasons. So don't waste your time contacting them as I'm sure ironically your email it will get forwarded to auto response bot saying thanks for you inquiry we will look into it etc etc Then nothing further happens. It not like ASIC is the umpire of a single soccer match and they blow the whistle and ask for a video replay every time a player calls foul ... more like there is 1 umpire and more than 2000 simultaneous games (as approx 2000 stocks on market) all going on at the same time with 100's of complaining players. They can't possible deal with it. They prioritise to handle/hunt only the headline grabbing whales and are not interested or can't possible deal with 1000's of minnow claims from retailers IMHO
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Nice post, but twitter gate two has been released: confidential MOUs", ML does is again. A strategic innocuous word for competitors and bidders.
