TPI 4.29% 73.0¢ transpacific industries group ltd

PS I just read Fat Bleeder's prior post ..."Transpacific shares...

  1. 369 Posts.
    PS I just read Fat Bleeder's prior post ...

    "Transpacific shares closed 0.4 per cent higher on Monday at $1.78, a 2½ year high." Only @ $1.15 now.

    This was an exert from an SMH article in early March. Clearly FB doesn't undertake even the most cursory due diligence as the $1.78 share price was clearly a typo by the journalist. More likely he meant $1.18!!

    Anyhow, FB's shorting tatics are working again for a 6c or 7c profit .... shame he actually put his short position on at 70cps.
 
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