this stock is in traders hand, page-36

Guys

Everbodys position and outlook is different.

As this is a forum where we can post opinions and research etc and we remain anonymous.

How easy is it to say that I sold out at 42.00 cents and bought back in at 26.5 cents.

Some of us must hold, some of us can trade and brag about our technical skills and ability to read the cards and use a crystal ball.

Can someone please tell me what changed in 10 trading days for a stock to rise over 200% and then in two days fall back 50%.

With no announcements from most of the REITS I hold, I am at a loss. I understand that shares are risky assets. I chose the REITS as they are boring investments that should not move up and down 10-20% in an hour.

I had recovered about $1.7M of losses in the last few days only to give back over $1.3M in two days?

Is this investing or gambling? If someone can tell me that to a large extent the share market cannot be rigged or that shares like GMG are not being manipulated, I will not believe you.

Look at what happened to GPT two days ago it touched 54.0 cents today it closed at 29.0 cents.

Give me a reason with some credence from an investment point of view as to why?No announcements, no rumours nothing?? and it dropped 33.0% in a day after increasing 10% at open.

GMG has traded since 03/03/09 over 400m shares yet no sunstantial holder changes have been announced.

Perhaps it is an insto that is buying and selling , pushing the price up and then pulling it back down to profit. herfore there are no real changes in ownership, the insto is simply recycling what they hold at a profit, as they have a large holfding they can do what they want with the market and suck in retail investors.

Just remember most super funds have expoisure to the REITS is sit fair if the shares and ultimateley retirees funds are being manipulated.

You would expect this sort of action on a speculative resource, biotech or technnology play not property investments.

If this is the case, you can use a chart,use the stars, roll a dice, candlestick charts or whatever you want. How can you pick this accurateley.

Has GMG actulally lost 50% of its value in two days. I know it went up 200%, but from a low base and even at 39 cents is well below a fair value (after discount) to NTA.

I may be a dhead for losing money in the share market especially using a margin loan. However if I lose I want to lose fairly, beacuase to me this market is being manipulated.

I just wanted to get that out and knpow some of you chartists and constant profit makers (after the event) will feel better knowing what thye common man (dh) thinks when he invests in safe assets for the long term.

Put simply when GMG was 13.5 cents and then 42.0 cents and now 27.0 cents, which price is right after all property prices increase by 200% and decrease by 50% on a daily basis as well the banks increase their loans by 200% daily.

I wonder if the tenants that pay rent use a different amount every month when paying the rent or do they have a binding lease?

My point is that this is ridiculous for a REIT share to fluctuate within days by this level without real news coming in.