General comments/chat, page-21411

Just on the market manipulation topic, it looks like ASIC may be starting to take the issue more seriously. Having said this, it's a two way street. Posters on here are concerned re the shorting, market manipulation etc which is fair enough. However, the other side of the coin is that ASIC is concerned re the pumping up of stocks on social media etc by certain holders who then sell into the market booking large profits. The victims in these pump and dump type scenarios are typically inexperienced investors. There was an article in the AFR about this a few months ago which mentioned Hot Copper as one of the social media pump sources. It did not mention ADN but did mention a couple of other HC darling stocks, as well as mentioning a HC poster who has posted on this thread in the past (although personally I believe that particular poster's intentions are/were honourable).