At the end of the day, all market needs is news to manipulate...

At the end of the day, all market needs is news to manipulate stock price. Hence institution like GS gives out analyst forecast to send panic in the market which is a buying opportunity to institution to again pump the stock. As an institution, up swing of 150% in a year is less attractive than N number of 150% increase in a year. Hence why the stock never goes up in one direction. We can whinge what ever we want but the end of the day we will have to play along with the institution. Like every one says if you are for the long haul the price movement like today should make no difference in grand scheme of things. If you are for trading and got burnt, still there is nothing to be concerned with company like CXO. I have been in this situation before and I have always never lost my capital or infact made profit. If you look at the top 20 Shareholders There is little to no change. I would start worrying if Ganfeng or Ya Hua start offloading their shares.If you have spare cash buy more or else enjoy your festive season.

Name Shares Capital HSBC Custody Nominees (Australia) Limited 135,837,288 7.82%
Ganfeng New Energy Technology Development (Suzhou) Co Ltd 90,591,715 5.21%
J P Morgan Nominees Australia Pty Limited 84,732,414 4.88%
Ya Hua Intl Inv and Development Co Ltd 69,815,094 4.02%