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OTC Market Makers rip Ozzies off, page-25

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bevter

25,727 Posts.

1245

19/10/21

09:05

Post #: 56895467
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Originally posted by TexanTea ↑

You are so eloquent Sector, I hope your many thousands of other posts have a greater depth of thought as they have been clearly inspirational to some who I hope have not been misled.
Regarding OTC trading last night, the MMs having done some serious hoovering here yesterday at an average price of about a cent US, were at play again selling large volumes of shares again they don’t own, pushing down AUNXF, but only down to 1.15 cents on a volume of 115. If say that was an 70-80M short and they bought here yesterday 300 or so, they made 15% on their sale last night and squared their overall deficit up by 200M which has an average sale at say 1.8 cents, so that last 200 M is cream profit of 80%., and they can perpetuate this tactic for a week or 2 as they still have a net deficit of probably excess a Billion.

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I don't know why you waste time engaging with it. He's been at it since the AKK days.
He lost some money and hasn't stopped whining and downramping ever since and HC allows
it to get away with it. No one else would.
Welcome to the party!

AXP Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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