RE: Out of the market completely2 Dec 2018 16:00
Hi Mulder, someone alerted me to your rant on Spire you left Friday....it is refreshing to see that I am not the only one that believes the market is heavily rigged, because heavily rigged it is and price movements are exacerbated by the likes of spread betting companies such as IG, I name IG as the biggest culprit as they have the biggest client base of all the spread bet companies out there so for sure have their dirty little hands in this crooked and corrupt financial system.
Take a look at RPC Group, look what happened to it on Thursday morning, the stock dropped over 8% at one point on volumes of around 50k buys and sells....the company are in talks with two potental suitors and the deadline is supposed to be tomorrow, so work that one out....the only persons that would benefit from knoocking the stock down would be providers of leverage such as IG, I believe its not good enough to implement the ESMA rules, I believe spread betting needs to be outlawed totally as it serves no purpose whatsoever for the genuine "investor" no purpose at all.
Taking a look at Spire, it seems to be another stock that has had an undue beatiing, almost 75% lower that the bid of 315p it turned down a year ago....it really makes you wonder what on earth is going on here, why have MDC not come back with another offer? Are the BoD in with the corruption within the markets, like you say, maybe they get wined and dined and told to tow the line or else their stock gets punished (judging the current price they did not tow that line lol) but seriously, the last time I remember this happening to a stock it was with Hikma, the directors had been splashing millions buying up shares in the low 20s and then the next time I looked at the stock it was trading at 800p!!! So Directors bought shares at 2200p and the market took the price to 800p, something was afoot there and then the next time I looked it was back over 2000p yet I could not find any news that would have caused such a big move down and a big move back up, the only thing that would make sense would be lots of people using leverage and these spread betting outfits went after them, for this to happen it would mean that Banks, Market Makers, Company Directors, Institutions, Spread Betting Companies, you name it they must and would all need to be in the swindle to orchestrate such huge moves and all the while nothing is ever said, the FCA sit back and prey they are not called into investigate as even they must know whats going on out there but are so overwhelmed by the various tricks and covering up of trades by the various parties, they simple truth is they have not got a clue where to start!
For me its very easy, I would start at the problem source, the spread betting companies and then I would work back from their, I would go to their intermediaries/brokers, then the Banks that trade for the intermediaries and then the market makers who move the prices for the Banks.
The end is nigh for the aforementioned.