Post by
fleamarket on Feb 18, 2015 2:49pm
Does
Anyone think it odd that once the Chinese new year started not a single trade today in EGX has taken place. No one to bid it up then smash it back down to 5 cents.
Comment by
Ticalian36 on Feb 18, 2015 4:17pm
You jinxed it. Spoke to soon. Every time this thing goes up, someone knocks it back down immediately. Very strange indeed.
Comment by
fleamarket on Feb 18, 2015 4:22pm
Not only that they add to the ask. Yes very Strange indeed. Well it would not be very difficult for an investigation to figure out who it is doing this as we do not have to many LARGE share holders. Big enough but to have unlimited shares like we are noticing. Even the TD accounts would be a good starting place for an investigation.
Comment by
Goldenrules on Feb 18, 2015 4:29pm
Here's the contact info for IIROC. If one or two shareholders request an investigation they will start monitoring the stock. As I've mentioned earlier, they can see who theanonymous traders are and if they are trading illegally with the intent to manipulate the stock price. https://www.iiroc.ca/industry/marketmonitoringanalysis/Pages/Surveillance-Contacts.aspx
Comment by
pianoman88 on Feb 19, 2015 10:54am
Well, I fired off an e-mail to IIROC... anyone else? ll lll ll lll