EstateTraders who pump and dump stocks using this forum have...

Estate
Traders who pump and dump stocks using this forum have been around since HC started.Nothing new but what is new since the GFC is unregulated algorythymic trading systems that have sucked the guts out market confidence and taken the liquidity with it. Sushi is right there is no reward for risk anymore and until ASIC clean the mess up they helped create then it will only get worse.

HFT is one thing using algos to do it, but using those algos to manipulate stocks is crossing the line. No one can deny it doesn't happen and after 12 years I have had enough too.

It use to be an enjoyable way to make a decent living but at the end of the day the algo's have stuffed the market through being unregulated.
If ASIC are serious about cleaning this mess up they should ban HFT's (algos) in anything outside the top 50 in order to restore confidence and if it doesn't help the top 50 then ban the lot and regulate it. ie license each bot and treat it exactly like a human trader which is not the case today.

Right now confidence needs to be restored and ASIC need to get tough on the Wild West they helped create.