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STANELCO Plc>>THE LATEST INFORMATION.
richgit - Thu, 21 Dec 06 :
SETS is an awesome system,and at the right times so easily manipulated.
Any stock that is the darling of the bulletin boards is carrying 100`s of thousands,even millions,of shares on CFD`s.
Many of which are amateurs that are simply trading far beyond safety levels,or
any emergency back up Capital,so they go onto stop loss not knowing that the
Vultures know.
It is a fact that Professionals can manipulate SETS at certain right times to simply spring CFD holders that are nervously on stop losses or on the very verge of being forced sellers-then behind the scenes 1000`s ,even Millions
of shares are forced out from forced sellers.Many go through the Virt-x
so you dont even see them on ADVFN,except maybe the end of day round up.
Your CFD provider will dump your stock even if the Manipulators only manage
to get the mid price down for a few minutes.
This is a very simple method for some to collect large volumes without having
to pay any premium whatsoever.
There were a few that overtraded with CFD`s in BPRG quite some time back,and some were literally bankrupted as their losses multiplied in minutes.
Considering the Instis are not hiding the fact that they have been mopping up
it beggars belief that shares are still being handed over,but then you have
so many useless traders,Spreadbetters and CFD Gamblers.
Of course it also true that it is some of the over-trading loonies that will help push the price sky high when the right news comes.
Merry Xmas all.
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