LYC 1.27% $2.33 lynas corporation limited

ta the manipulators road map

  1. 275 Posts.
    No offense to mitta,funky et al who are following the trend(perhaps exacerbating it),but it appears to me that TA is open to manipulation by the big speculators(investment banks,MS dark pool traders etc)Because of the somewhat predictable nature of testing,providing downward momentum,triggering stop losses and the like.This provides the ability for investment managers ,hedge fund managers,etc to drag the price all over the shop.They can do this by selling between related entities and with market tools CFD,borrowing shares without triggering ASX regulations(to inform of substantial shareholder changes).For that matter they can churn the volume over a day or two without their shareholding changing.The rate they pay on transactions are in their control unlike the retail investor they can accumulate weak holders shares .Right or wrong it goes on.Until LYC is in profit and paying divs it will continue.The ASX may well be the author of its demise(LYC) through lack of transparent regulation and not having a level playing field for ALL participants.Not a lot you can do about as a long term holder either sell or ignore the carnage.Painful for those who bought in at higher levels
 
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Last trade - 16.10pm 25/09/2020 (20 minute delay) ?
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