APG 0.00% 0.2¢ austpac resources nl

manipulation is back

  1. 12,414 Posts.
    but of course the loyalists don't want to hear about it.

    so @ 12:46 the 36754 shares is placed @ 4.6. At 12:53 someone buys 7935 shares, and then they straight away pull the sell and move it back to 4.8c. (of course as they want to push the price down, but don't want to give away any shares in the process).

    At 12.55 someone buys 12222 shares @ 4.7. They obviously don't like the price there, so @ 12:57 they move it back to 4.6c and straight after a 250K sell is placed @ 4.8c which was moved down from 5.6c. At 13:19 they pull the 250K sell @ 4.8c back to 5.6c, and then move the 28819 from 4.6c back to 4.7c.

    they are finally taken out @ 4.6, and the 250K seller moves back down to 4.8c amending it to 200K..

    lets see how long he lasts here... probably a while as the buying interest is relatively lackluster.

    I guarantee that if there is a sniff that their 200K is in danger of been chewed, it will be pulled back as they don't want to give away that many shares in order to push it back down.

    There is a motive behind this, but its anyone's guess as to what it is..well besides the group involved in this.

    I'm sure the usual suspects will down play this, as they always have in the past...just like anything else that is raised regarding the company that has a chance of been slightly negative.

    Just remember, I'm in this stock for the long haul and I want it to move north, because i'm an investor who wants return not a loss like many have experienced over the last 10 years.

 
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