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longing

732 Posts.

13/03/17

11:57

Post #: 23297093
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Originally posted by jhunt ↑

Real short selling adds liquidity @longing, and that is fine. Buying and selling simultaneously within a company, via subsidiary holdings, only creates the illusion of liquidity, especially if it is conducted off market.

My problem is not really with the shorters (though the mentality is strange to me) it's with the sp manipulators, who act illegally, trying to cap a share price or drive it down (or up) artificially.

But they only think they are invisible. ASIC may have a different opinion.

ACX has tremendous potential, and will win out sooner rather than later. It's just regrettable that these less than savoury types can muddy the waters with their unethical & illegal tactics.

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This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.

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Agreed. If a company wanted to take over ACX and artificially kept the price down for a period of time before launching their offer, in order to extract a cheaper price for the company then yes this would be illegal.

But only if proven, and unfortunately it is usually only the little fish who get caught.

Last edited by longing: 13/03/17

ACX Price at posting: $3.54 Sentiment: Buy Disclosure: Held
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