General Discussion, page-498

There is something deeply suspicious about this post as it smacks of AI, either that or you have an extremely formal style of writing, but I will continue in the hope that there is a real person behind the façade.

Your whole post and the attitude you display completely prove the points I have been making. The fact that you/one can be on the mailing list of a Hedge Fund actively trying to negatively impact a share price - "They want to publicise their position to maximise selling pressure", solely in order to make money is market manipulation. What happened to "Short sellers anticipate a fall in the share price" and "If they have a good case she share price will decline but they have to be right"? You have just contradicted yourself! Mr Adranghi may be respected within the financial sector but most retail investors would definitely not respect him or his actions if they knew the truth about how his industry works.

This is in addition to the algorithmic trading practices they also actively use to manipulate the share price in real time, which take it to a whole new level. And yes, Hedge Funds do talk to each other - look at who they bought the shares off - Citibank, J P Morgan etc. These guys have Global lending agreements to facilitate the shorting. These shares were not bought on market and you can bet your life there is some "agreement" to go with it.

This is abhorrent to me and highlights totally what is wrong with the ASX and the financial markets as a whole and you are trying to sanitise and normalise it and make it sound as if it's OK. It may be "legal" (that's questionable) but that doesn't make it right. There are real peoples lives and savings behind these share prices. We are all in the market to make money and there will always be good and bad investments but it should never be intentionally at the detriment to others.

Again, as for Soros your comment that "Basically it was an exercise in macroeconomics" is typical of how the financial industry sees everyday people - try telling that to the woman that worked for me who's son committed suicide as a direct result of his actions! We are mere pawns in a game and it doesn't matter who or how many people get hurt. You can't bring down a major global trading currency and expect it not to have global ramifications - but hay, he made over $1bn from it, so that make it OK.

I lived the carnage that resulted from his actions and no amount of discussion around the "macro economics" will justify the result. Stirling would not have collapsed if it had not been for the actions of one man - fact!

Hopefully any new investor seeing these posts will learn something and understand how the industry truly try to manipulate and spread misinformation about the corrupt and dishonest practices they undertake. I won't comment directly about your intentions on this forum are but to me they are very obvious.