Submitted by Crusoe
How exactly does one sell millions of shares ‘erroneously’? Particularly in such a company as P&G? And the professional commenters say that some of the other drops ‘could be’ for the same reason? Do the trading systems not have checks and balances, even when making trades? Of course they do.
Lol. What a load of bollocks.
There are some who are trying to hoodwink the public when the market dips i.e. trying to boost the market, artificially. As said before, the markets do NOT reflect true net asset values nor future earning streams of companies, the current prices are artificial. This view is particularly bolstered by references such as above, which identify the coming oil supply issue and thus pricing and product costs, inflation, standard of living etc.
One big smoke and mirrors to hide the train coming at us. Why have we not heard about the problems in the trading systems that would allow such ‘erroneous trades’ before, after all these years of trading?
Wuh loss.
That said, why is our Government taking more loans to finance operating revenues (fiscal deficit)? Insanity.
As I said before, only raising more tax i.e. VAT and Capital Gains, can we address this issue, together with cost rationalisation.
Any person half versed in finance and economics knows that one does not fund operating costs by long term debt. i.e. Debt and the purpose of finance must be matched, as long as an alternative exists, which it does, as noted previously.
Absolutely crazy.
Piper going want a lot of payment.
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