People only tend to manipulate shares where they feel there is something to be gained such as a recovery. As for why I haven't further increase my holding, simple economics, not that it is any of your concern of course.
Celtic, my issue is in the first instance is why on earth you would continue to bang on about manipulation on a share you hold and want to appreciate. If I was not a holder and researching shares to buy into surely I would be somewhat concerned over the alleged maniputlation, would a new holder want to invest in a share that is being played as you suggest.
Further to this, how can you post a buy recommendation on a share where you believe it is being manipulated. That to me is highly unethical and pangs of desperation to get people to get to buy in so you can achieve your break even. I do not think that is your intention, but I simply highlighted this does not sit right in my opinion “ BUY BUY BUY – Dodgy share played by someone… but we don’t know who… it’s a great share honest…” Think a little about this before you think this is a personal dig, you have seen me post often enough to know that I think I am fair an balanced in my assessment.
One point that is kind of personal, you have posted buy recommendations for years now but have not increased your holding from the 2m at 2.25p (from memory), is there any reason why you have not averaged down if you are so confident. If that is too personal, don’t worry, was just interested.
Mick, I absolutely get the point and has been something that is possibly happening. I think the point is that I am bored of hearing about it, it has been like this for YEARS. If it is being manipulated, to what end, to get cheap shares? If it is all about getting cheap shares and they are in a position to manipulate the SP so drastically over so long, surely they would be as well to heavily leverage themselves (as they must have deep pockets) and pump the life out of share and make money that way. Something doesn’t add up.
Lets look at the trading figures for the last two days where the number of shares bought are far in excess of those sold but the price still drops by approx. 7% 34 trades of which only seven are recorded as buys. Of the remaining 27 trades/sales 16 of them are less than £100 and of those 16, 9 are less than £50 including of course the one of a single share. In a company with 7.5 billion shares can you really say that the share trade pattern isn't worthy of comment? Can we really accept that because we are coming towards the end of the month it is traders selling to pay fees due etc? Wouldn't suggest for a minute that there is manipulation as we are told that it doesn't happen but I suggest that Celtic's theories carry as much weight as any others given the trading pattern.
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