Sido - I don't actually HAVE losses - just significant...

Sido - I don't actually HAVE losses - just significant reductions in my paper profits! My LGL shares' average buy price was significantly less than the current share price.

But it's not a share that I'd like to trade with - I prefer to keep this one as a longer term investment. Any capital gain and the brokerage would be big - I have a lot of shares.

But it's the principle of this targeted shorting that annoys the heck out of me. We are being considered as disposable idiots by the vulture funds and other shorters - "just collateral damage" in their shenanigans to make money.

I'm not "crying" to the ASX - their surveillance department depends on people reporting dubious activities. If someone had reported the silly stuff that went on with ABS, CNP, AFG, and others in time, then perhaps some of those disasters may not have happened or had the same severe effects. I was, and remain, very suspicious of the trading patterns in LGL, so I reported it.

Look at the charts - regular down days - BIG red candles, and always on HUGE volume. Yesterday was the doozie to end all doozies in terms of volume! That is coordinated down-selling, usually by shorting, in the absence of negative reposrts, bad news, or a major broker changing to a "Sell" recommendation. Retail investors/traders cannot act in such a coordinated way.

I know it happens to many stocks, but not too many have the daily volumes and dollar value that LGL does, so what gets done to LGL affects the portfolio values of a lot of people very significantly.