OTCPK:ATGYF - Post by User
Comment by
Bigbadoilon Jan 05, 2008 2:25pm
455 Views
Post# 14156487
RE: Older Cramer interview on Market Manip.
RE: Older Cramer interview on Market Manip.Great Clip, off the record (internet!)LOL! love his comment that he would not say these things on TV....
Just shows how the real market works. AEN and OIL have both had Hedge funds with significant long positions..pumped it up and then sold out?? Then talked it down, spread a rumour (in AEN's case -Causeway not so good), sell orders into the brokerage houses, coupled with general dismay in the markets..Down she goes to $4..Whose buying back-in from the "panicked retail" now...??
Meanwhile the company has booked a rig in 2008 for Causeway drilling. Going to apply for development and has success in Argentina and Kerloch..Doesnt make sense now does it??????
Fun and games in the markets..Hey the brokers dont care, they make money on the trades..
Bigbadun'