SP1 0.00% $1.07 southern cross payments ltd

ISX Charts, page-3525

  1. 1,816 Posts.
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    On the money. ISX especially was a coordinated, organised pump and dump that was magnified by the ‘hot money’ and rapid gains that the company had seen in recent times. This was done just before addition to the ASX 300 too and given the volume and timing could only have been done by long/short funds or hedge funds. What really stinks is whether OM is culpable. Their report surfaced information that was very old so the timing is extremely odd. If they’re involved someone should be going to jail as that’s total market manipulation
    On EOS which I’m also in it’s great that holders held their nerve and the stock didn’t get smashed after the BS leak to street talk. Hopefully the company issues a positive announcement soon and the shortest get burned.
    I’m not exactly enjoying the volatility in ISX as I took up an over weight position on the way down - unfortunately I couldn’t pick the bottom but I’m still very positive on the outlook

 
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