I don't post very often but read alot
This is business not a compiracy theory. If you believe in the fundamentals of a company it is a short term hickup. Shares will trade hands but the company assets have not changed. Sure some directors and shareholder may stand to lose money and share holdings.
Have the fundamentals of the company changed?
Why the vitriolics against ANZ (and not so much Merrills) - am I sure the shareholders of ANZ would like them to close their exposure/position on bad debts
If you are a day trader - gee the charts were not trained to factor a bout of selling.
Flame me if you want - but when Opes was touted as a cheap brokerage option I had a look and read the fine print and was not happy with terms of handing ownership of assets over to Opes.
Buyer beware
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