SPL 2.41% $1.42 starpharma holdings limited

whats so special about 245???

  1. 7,225 Posts.
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    I have come to the conclusion that the number 245 is the amounts of 0,1,2,3, and any small number that is generated by computer programs to manipulate the share price up and down

    We do not have to be genuises to work this out

    A classic example is Starpharma

    Not only has the number of shares short sold been repeated three times in the last week Thursday 5th, Friday 6th and Tuesday 10th - yesterday, (as has been commented on in another thread on this forum), but it is confounding that these small dollar transactions equating to perhaps several thousand dollars can manipulate a company which has 320 million shares in the registry capped at anywhere between 160 - 200 million dollars

    Last Monday a massive amount of shares went through with genuine buyers and took out a key hinderance to the share price going up. And yet yesterday and today these algo or bot trades which equate to no value at all, create a market which is not true. The fact that the ASX and ASIC allow this to go on - demonstrates how politics and those with power and money are in bed together.

    The above comments are my opinion and should not be construed as investment advice Money & Politics.jpg
    Last edited by antibotter: 11/02/15
 
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