SP1 0.00% $1.07 southern cross payments ltd

ASX:NAB and ASX: ISX Deal, page-8

  1. 436 Posts.
    I find it funny that people still hold conspiracy theories about 'putting share prices lower'.

    The truth is that someone probably bought for a quick trade hoping for a spike, and then dumped as needed cash to settle the trade. I used to do this in my younger years. Buy for a spike and then sell on settlement day if spike didn't come. ISX is a speccy small cap, and these are easily traded by people with very little available funds, making it susceptible to the above mentioned issues.

    I was on the buy and sell side of institutional trading since 1997, most of that in fairly sophisticated markets, such as HK, NY and UK - and I can assure you that the conspiracy theories are just uneducated speculation.

    Not being rude, just get frustrate with retail people conjuring up all these theories...
 
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