GXY 0.00% $5.28 galaxy resources limited

It's a blatant weapon of manipulation @ergo ..high frequency...

  1. 2,201 Posts.
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    It's a blatant weapon of manipulation @ergo ..high frequency trading (through algorithms) on 'steroids'. It used to be a single-digit figure but through most of this month the parasite's chosen a bigger parcel number to cap our SP and when required block other sellers on the flip-side which has achieved their goal of squashing our share-price within a very tight range. The parasites can trade in quarter-cent increments..retail punters can not..so it reinforces the skewed, unfair uneven playing field ASIC & our elected politicians think is acceptable..

    To think our B.O.D. kept rolling out the red-carpet to the 'front man' of Credit Suisse the parasite Swiss Bank behind most of the manipulation of our SP throughout last year and into 2021. Tutor's reply this morning underlines the fact these 'people' are so far detached from the real World.

    What's even more distasteful is that banks have been borrowing large amounts of shares in order to affect the outcomes of AGM votes..often to get their desired group of 'Yes Men' . When the bank 'goes to the trouble' of brokering a takeover they want the Board's blessing..

    https://www.wsj.com/articles/SB116978080268188623

    Every retail vote counts, fellow retail holders. We own the majority of this company now..

    GLTARH
 
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