Dont hold but saw this drop on screener and thought wth is going...

Dont hold but saw this drop on screener and thought wth is going on here. So a bit of observation.

Nothing but institutional short and distort. Been watching in real time,



The large green wall is known as a spoof wall it is used in conjunction with layering. Layering such massive orders (no retail can do this) on the buy side creates the pressure to cause the drop. As soon as the price is reached,they will cancel the order and move it lower.

This is illegal however ASIC is corrupt and allow the instofilth to get away with it. Ya just know if had gone other way on such news then speeding tickets would have been given. When ever see for when price drops though?

An article was released by Motley today spouting about how investors are leaving CBA and coming into this. As rubbish as Motley is, there is some truth to this, instos decimate prices with manipulation to get in cheaper. For all sales there is a buy and some thief (whoever is layering and spoofing) has taken alot of shares today while making big on the short.

Given acquired a massive amount of shares, it is likely (definite) they have info that we retail plebs dont know and wanted in. The so called terrible report (nonsense from retail trolls who dont hold) is a smokescreen for the manipulation action.

To those genuine retail who are caught out in it, yes it sucks and is infuriating however its not the end of things. Ignore the nonsense spouted on the forums from non holder trolls (yes i dont hold however i am against the drop as see what is happening), DCA or just dont log in to your shares for a day. Whatever you do DO NOT SELL INTO THE MANIPULATION, that is just giving them what they want. This will likely be pumped back up given the drop is overdone and the instofilth have a lot of share to sell now on the green.

Remain calm.

PS

To the retail non holders talking garbage wanting price to drop more and overblowing things on comments.. People are seeing big red on theft. Remember, this could happen to you and we know ya would be first to cry if someone did same to you on stock you hold getting hammered (deserved). Get a life.