CTO 20.0% 0.4¢ citigold corporation limited

citigold mine visit, page-95

  1. 4,960 Posts.
    Hi BH!,

    Conspiracy theory only, and all conjecture on my part, however...

    If a hedge fund or funds can "manipulate" a larger cap stock, there is no reason why a smaller entity can't manipulate a minnow... By my quick observations, the current action of a "seller" on CTO would have only required a million or two to achieve a thirty percent drop. With well placed buy and sell orders, that could equate to a few hundred thou in final profits once the strategy completes.. in the same manner that I beleive minnows could be manipulated to the upside when the time is right.

    Would take a bit of a sharkish attitude, and astute timing, but I think it is pheasible and certainly not something I'd dismiss.

    ;)
 
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