RE: RE: RE: RE: false rumors The OSC is such a useless watch dog. False rumours are out right frauds. Why are these hedge funds never held accountable for them? If Robert Lauzon can mention on Market Call today that some hedge fund started this rumour about a PSN leak tank to trash the SP, he obviously would know who the culprits are. I am sure most people in the street know who started this rumour as well.
If the law is so toothless no wonder the hedge funds, MMs, traders are getting so bold. I own a number of O&G junior stocks and virtually everyone reported record or outstanding earnings. Guess what happened? The next trading day they all got trashed. Counting PSN this is company number six that got trashed!! One of them (FRC) not only reported record earnings but also boosted didivends from 0.8% to 4%!! What happened was a crime, share price nose dived soon after. Really, if record earnings and a five time increase in dividends cannot increase the value of your investment, what does an investor have to do to get a return in the market? I know, I know, I should invest with the "market thieves". Perhaps that's the way to go, or stick with the big blue chips that no one can manipulate (like the banks and utilities) and clip dividend coupon at 3% and be grateful. LOL. .
If I sound disgust with the market, I am.