Well written All4One! This allowed shorting is despicable & a blight on the ASX & nothing less!
Shorting aside, I can understand the concerted effort from the banksters to pressure POG as you say. What I find beyond irritating is goldies kept down with a strong POG though. I could understand without question if POG was around the 1200 mark today. It is staying above 1250 line & looking resilient so, why stocks are remaining well under their previous sp's @ this POG point is what is alarming. I'm sure most see this painfully obvious....
Reiterating your reason ie: these parasitic short funds. If this is the new reality then, why would you even bother wrestling with them?!? That headache is returning.......
BDR Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held