NINE : Dangerous games
March 7, 2011 Leave a comment
You can’t beat Thai stocks for a selection of hugely manipulated charts, with the market maker inspired ramp on NINE a fine example if ever we’ve seen one. From 3.80 to 6.90 in 2 days or so, it has already fallen back to 5.40, and will likely close the gap to 4.94 rather soon.
When stocks move like this – which can hardly be termed natural unless they discovered oil under their offices, a health warning should be slapped on the ticker symbol because it really just too toxic for anyone’s good, except of course for the MM and chums.