re manipulation - NEN has been a pretty predictable trading stock, it has periodic announcements which it advises in advance - just look back over recent anns, they advise when to expect the next one - NEN peeks quickly after an announcement then drops off within 2-3 days. A perfect trading stock - make 10+% on each announcement. Just wait for vols/price to flatten (see Friday arvo/this morning) and then sell/dump. Helps accelerate the price on the way down - and you can be pretty confident about timings of NEN announcements. Rinse and repeat. You would have made an easy 30-40% since spud. If they spring a surprise ann, jump back in and day trade. A very nice/easy way to accumulate. Just wish I had been more on the ball and done it myself.
NEN Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held