" Why is someone selling 1 million shares market manipulation? "...

" Why is someone selling 1 million shares market manipulation? " you ask smart.

Because on a day like today after the Dow was up 286 pts & FTSE 100 INDEX up 124 pts, buyers were lined up to take out 11c - 11.5c on ASX open, Mr. million decides to sell into the 2 million strong 10.5c when he could have easily drip fed it all at 11c - 11.5c on a day like today when people decide to cover their shorts. Mr. million could have made more doing that too but maybe the idea is to scare the market in order to have the opportunity to buy lower. Is that a reasonable idea? Smart we know you are dying to get in at 7c-8c or 4p as you have said it yourself &/or you wouldn't bother with this stock. We are not stupid.

Cheers
Wild Cat