IDT 4.00% 13.0¢ idt australia limited

Cresit Suisse Manipulating the Share Price. Hello ASIC?

  1. 60 Posts.
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    Amazed to see the activity of CS, buying and selling shares in the same day to make a trading profit. Not what you would expect from an institutional fund, probably more the Broker's Trading desk. However, a good lesson to be learned in so far that if the stock wasn't so volatile, these gains wouldn't be offerred and they'd move on. In short, Day Traders are being bested at their own game with the share price pushed around by chump change for an insto. Makes a complete mockery of ASIC the regulator, not that that's hard to do. Good to understand that the underlying story hasn't changed, maybe Day Traders should move to another stock that's not being gamed by an insto.

    https://hotcopper.com.au/data/attachments/3099/3099252-ad6b0aff5de109812786ce073f4ec559.jpg

 
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