(post on if you agree)
Read full longer post:
It is estimated that over 90% of AIM stocks are INFECTED by short-sellers !
Many highly popular stocks are going down even on GOOD NEWS !
# IF you were a short-seller, BLUFFING, (basically manipulating a shares' price) about a company's overvalued share price, you might not want to *draw attention to yourself since you could get accused of stock manipulation. So you would hope (OR PLAN FOR) others to get involved and to present SEEMINGLY GOOD REASONS to short the stock.
You would want to put AS MUCH FEAR INTO 'LONGS' as possible and would use high volume short trading as well as buying to drive the share price down as low as you can and as long as you can. You really want the longs to fold and to get out of the game. If you are consistently seeing sellers overwhelming buyers driving a share price down as a stock seems to be going up, I can assure you it's probably shorts' selling, since longs are totally motivated to sell their shares at the highest possible selling price. #
IT is easier to tank a share price, rather than make it go UP, by short-selling.
RUINOUS to genuine investors.
They may be able to buy in cheap BUT what's the good, if the stock never really recovers?
AND when they have got you all hooked on the 'lovely' new all-time LOW.....They'll SHORT IT AGAIN !
# ChalieHarper - posted on iii
IF a fund owns a large share holding in a firm and is long.... whilst waiting for its end game to materialise, it loans out any number of its shares to a shorter...the shorter then manipulate the share price down making £X amount when short ended.... the shorter then gives the loaned shares back and splits the proceeds 50/50.
They both make cash, probably during a time when not much is happening with the sp. IT's a WIN-WIN for them but BAD news for the pi's who as usual may have sold at a loss because the cash has to come from somewhere. #
By Precogz | Wed, 24/10/2012 - 22:41
The DOW remains on a path with a potential bottom at 13015. We'd submit this suggests another pretty rubbish day for the FTSE unless some positive news breaks. The FTSE did indeed break a recovery trigger in the late half of the session yesterday with the result we'd not be surprised to see 5851 today with 5870 possible should the market decide to outperform.
Our drop triggers remain intact and untroubled for the FTSE. But they remain!
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets.
Can precogz provide an update as they see it for Caza Oil & Gas. You where reporting updates on caza on the daily blog but have stopped recently. The forcast worked out well with a movement towards 9p as you suggested, interested to get the latest view, if you can, many thanks, DS
Seems most of the few who used to post here have not returned since the 'Technical issues' of last week.
It just goes to show that rather like the very commentaries that brought people here, the lack of them moved them away and it may take time to rebuild the 'blog loyalty' for want of a better phrase / description.
It's a shame that the email facility at the foot of the commentaries doesn't translate to this blog as it's those very comments that I would find interesting . . .
spot on with SOU movement today Precogz. Hit 1.25p then thankfully bounced a little to around 1.30p. It will be staying in this area for a few days I think while RSI (14) cools down a bit more to below 70. Then I think there is a lot more upward movement to come! ')
I have just received this reply to my email.
Thank you for your email.
I can confirm that our Technical Team are aware of the issues which are currently preventing the Precogz service to be updated via the Interactive Investor website and newsletter services correctly.
Our Technical Team are working to resolve this issue, and as soon as I have received further information regarding this matter I will confirm by return email.
I hope this answers your enquiry, if we can be of any further assistance in the meantime please do not hesitate to contact the Interactive Investor Contact Centre on 0845 88 00 267 (selecting option 1) between the hours of 8am to 6pm or by email to [email protected] and we will be more than happy to help you.
Unfortunately iii have not replied to my email despite the site stating they will reply to emails within 24 hours.
Very unsatisfactory customer service.
Now that we are in to a new week and still nothing from Precogz I think we have to reach the conclusion that the plug has been pulled.
Hopefully they may manage to come back on their own some way without iii.
please can iii explain why your Precogz page stops at the daily forecast for the 04/10 ? using this amongst other sites to steer my trades was beginning to be part of the days normal goings on. Can anyone please point me to another site that displays a similar round up and semi prediction of the possibilities of the next trading session?
this is my first post so excuse any irregularities
I guess it's a bit like a profit warning or financial reports that don't materialise; Precogz issued a warning on Monday re the Forum requests. They were supposed to reappear on Wednesday and didn't. So two days of those missing as well as todays market bulletin. But as you point out, there's time yet.
I'm not sure what is happening but no forum requests since Monday (although there was a note to say that there wouldn't be one on Tuesday) and now I can't see anything on this Precogz blog since a post on Wednesday at 22:25.
Bottom target met this morning, which then allowed for the rise in the afternoon for our upper target to be met.
Here's what we said before the market opened -
"This is painfully slow but thankfully moving in the right direction. Shuffle target remains at 83.5p and it managed to actually close in a zone which allows for it soon. We were not too impressed with the blib down at 4pm yesterday as it carries a risk of near term reversal to 77.7p before it stabs for the target."
Would you please comment on IAG - up to 163.4 and back now at 161.4.
Since you have brilliant analyses on both BAE system and TW., would it be nice if you could include them in the daily requests.
Sorry if I have requested too many and just ignore it.
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