looking good, page-26

maybe gatekeeper should read this???I f you believe in PEN the best time to buy is now -the gatekeeper will sell it cheap.

What is market manipulation?

Simply speaking, market manipulation is the conducting of market activities to interfere with the actual supply and demand of securities or derivatives so as to create a false or misleading appearance of the price or turnover of the securities or derivatives.

This can be done by creating a false or misleading market by driving up, suppressing or stabilising the price of the securities in question. They may also mislead investors by creating the appearance of active trading of the securities through transactions in which a person buys or sells securities without a change of beneficial ownership in the transaction, ie. wash sales.

How can market be manipulated?

Market manipulation tactics include:
1.The release of false or misleading information.
2.The taking up of wash sales from one another within a certain trading period to increase the turnover of the stock or distort the actual share price.
3.The placing of purchase orders at slightly higher prices or sale orders at lower prices to drive up or suppress the price of the securities when the market just opened, ie. "marking the open".
4.The drying up of stocks supply to exert undue upward price pressure on the stocks. This is known as "cornering shares".
.................They are a few of ASX rules complaints of Manipulation and market misconduct need to be directed to ASIC ....If you wish to send correspondence directly to the Chairman, Deputy Chair or Commissioners, please address your letter to:

Australian Securities and Investments Commission
GPO Box 9827
Sydney NSW 2001
Or Phone us