IMO, the total share price drop for FMG can't be blamed on the short selling of the 'anonymous overseas hedge funds' as most stocks have been impacted by the general market.
However, when billion-dollar funds can orchestrate concerted campaigns to destroy stock prices and hugely impact the ASX, and this is common knowledge, then u gotta wonder what kind of playing fields are these, and what chance retail investors have against the power of these funds?
cheers Marny
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
