Vic, could be.... I don't follow the minute to minute flactuations and share numerical changes of MEO mate...Sorry:))
They usually manage to scare the hell of the "market", to the point where, when the SP of a stock is falling fast and steep nobody dares to touch it, buy it.....So, they are the ones who are actually buying the stock sold by themselves or their acolytes at the lower price..... And so....They keep going until they push the SP of a stock down to the levels they want. The problem (for them, Manipulators)arises when others who are also "in the know" Or are brave enough, enter the market and buy the manipulators stock. Usually when that happens, and they see others "intruders" entering the market and buy the Stock, they stop their down selling manipulation and start ...Pushing it up again, in anticipation for the Good news about to arrive.......
It's a game mate...,...A very profitable game.....Illegal? NO. Unethical? Well, yes....Maybe.....Then again.....How many ventures in life are 100% ethical when Pecuniary gain(s) are involved?
Cheers;)))
MEO Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
