RE: The Guardian - Clever article placement17 Jul 2021 19:53
JG68, I wouldn’t like to guess but the Chinese are renowned for their ability to “influence” things to go the way they want via social media and media.
Realistically anyone with enough money to make a donation to those in a place of influence to write articles that suited their agenda could quickly start this snow balling.
Another tactic at Jhango’s disposal would be to make an offer for a takeover (which they know will be rejected) let’s say £1.40 per share. Immediately the share price would rocket and shorters would panic for the exit, private investors would buy buy buy. Offer is declined by Cine as way below their valuation and everyone expects Jhango to come back with another offer, which they don’t, they simply cash in on the huge price jump they created legally.
The kind of money these guys play the game with opens a lot of doors and options, all we can hope for is to hold on to their coat tails as they work their magic.
I think we will see a big week next week regardless but this type of media hype can quickly snowball if it reaches enough people as let’s be honest - nobody wants to miss out on a good thing where money is concerned.