1. Most Discussed
  2. Gainers & Losers
BHP $32.74

Investment Banks

  1. Michaelirish

    19,556 Posts.
    42
    Let us face up.
    On the market we have the small investor and the big.
    every so often the investment banks make calls on positions they have already taken.
    When Goldman says
    ""The decline in the U.S. rig count likely remains well short of the level required to slow U.S. shale oil production to levels consistent with a balanced global market," Goldman said in a note Tuesday. "Lower oil prices will be required over the coming quarters to see the U.S. production growth slowdown materialize."
    You can assume they are heavy with derivatives and shorts to assure their position wins out.
    It is not illegal.
    These banks , one after another, have been found to be rigging the market. They have admitted it and been fined and in the morning set off to do the same again.
    Again we poor investors have to live in this jungle. Such is life.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.