Market Makers24 Jan 2017 10:46
Morrisons share price is disconnected from fundamentals. A chart shows it is a star performer in the ftse index, outperforming a bullish footsie by a huge margin. How can that be for a share that is in a precarious sector with storm clouds brewing on the horizon. The answer is market maker manipulation. About 15 percent of its shares are out on short. The market makers have colluded to determine a price action that makes it impossible to make a profit on a short. It doesn't matter how ridiculous the numbers are, as long as the market makers are nailing an ever higher price tag on it, it will only continue its precipitous rise. The market makers are running a corner. How else could a share that doesn't have a single buy rating be one of the best performing shares in Europe.