So they Shorted the hell out of FFX, and will maintain the 80c to 90c level until they've finished hoovering up all the shares they can get, which effectively gives them the maximum number of Leo LLL shares for Free at the lowest cost, then they expect the retail Suckers to try and grab anything that is left, and anything they can during the "Short Covering" by convincing them of FOMO (Fear of Missing Out), that is, they will try and entice fear into the retail shareholders so that they will be the one's suckered into buying the Short covering when it comes.
The entire financial trading system is rigged with corruption, and that corruption is known to exist by your government, because it's clear and present, and yet every government refuses to protect Mum and Dad investors.
The government doesn't want you to complain, so it attempts to pander to you and your children by pedaling lies during election campaigns, about giving you housing loans, instead of having the guts to take on global financial corruption in our stock markets.
These governments are spineless.
These politicians look out for no-one except themselves and their families.
The entire system is rigged. And it's getting worse, because there are ever more regulations, and those regulations almost always involve the government dictating to you that they MUST have more information about your personal assets, so they can cross-match everything you do and own across all government departments, both nationally and internationally. What do they do with all this personal information?
And then our political hypocrites go and complain about what the Chinese government is doing, or any other government. They try and breed fear so that you'll vote for them. But what have they done for you, what have they done to protect you from corruption in the stock market systems? NOTHING !!!
These criticisms of foreign regimes are almost irrelevant, because it practically doesn't matter, because globally, governments of both communist dictatorships and so called democracies are all collecting the same information about their citizens - it's the same information in different ways, but it all amounts to the same - we are all bound for George Orwell's 1984.
And then we come to the real crunch.
All the stock broking funds want shares in the Pro-rata allocation of FFX/LLL.
What kind of financial incentive, or pressure, will they exert on FFX and LLL directors to award them whatever they want?
There is only one (1) truth here, when it comes to money, and to the building of personal wealth by the directors and controllers of stock broking funds, hedge funds and the like, and that is this : "morality, and decency, and fairness, and honesty are completely thrown out the door", they are not even considered, but even worse, they are a detriment, and seen as a personal weakness by the "Wolves of Wall Street", and the "Wolves of the ASX".
There is one simple premise operating here.
Those in financial power, regardless of a political system, are corrupt and will entrench themselves financially - at almost any cost to any decent honest citizen of the country they operate in. In other words, they are effectively psychopaths, with no morality.
This is the real world we live in.
Nothing can be closer to the truth.
"The best retail Mum & Dad investors are those who can maximize the crumbs", because that's really all that those in power allow you to play with - just crumbs.
Just be wary, and don't kid yourself through naivety about how this entire financial system operates, or the motives of those who effectively control it.
Grim but true.
Gw
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