In my honest opinion, nothing better illustrate the fact that the big operators are the end product of a system for pegging and manipulating of stock prices than the protean resourcefulness of the rationale he employs as he drops stocks 10 cents only at 1000,000 shares only then to revise this rationale so that another stock can be pegged at a fixed price of 2.17 for eighteen days while operators sell more than 20 million shares of it.
Add to this, big operators' great financial achievements when, in one of this most egregious breaches of manners, he drops prices and cleans out his holdings prior to a bull raid on the market; or, having committed himself to a prearranged plan, he raises prices, scares out the shorts, empties his accounts, and then sells short prior to dropping prices so that he can once again felicitously accumulate stock for his accounts.
Look at Genting, does it resembles some form of pegging action from big operators? The stock looks strong for set of higher prices to come. Looking at the way how Genting is having it's price pegged at an average price of 2.17, it tells me that the downside is limited and the potential for further breakout is imminent. I could be wrong, however i am just a firm believer that this stock is in a mode of absorption at the moment.
Ronald K
