fifty percent of its recent value vaporised, page-23

Its a dangerous time right now if you are over extended. Has any noticed how hard the stock gets hammered from 11am to 3pm. Then after the market is closed at 4pm, the stock jumps 50 cents. We as non-professionals don't get that advantage to close out our positions. ASIC should really only allow 10% of the stock be short traded in total. Since now we have CFD's, short trading of stocks are a bit obselete and totally distort the share price. This problem is only going to get worse as hedge funds get alot bigger with more capital, they can easily push a stock to the extremes. Think about it, 10 hedge funds putting 100 million each could totaly push the share price of any company. They don't even need to talk to one another, all they would do is look for a strong move by one of thier competitors and follow. There are no "chinese walls" in hedge funds.