Mar 2 2011, 03:07 PM
QUOTE(Bonescythe @ Mar 2 2011, 02:56 PM)
Let's say they got 10mil shares at super low price. Let's say 0.055 to 0.07.. a couple of CDS account holding 6-7 mil shares..
Other CDS account holds 3-4million..
So they use the CDS buy back sendiri punya share... then rotate and rotate the same procedure..(In between, need to pay a lot of bank charges only) Share and money still own by them..
When go up up up up and up.. Greedy ones check in.. Then use the CDS holding 6-7mil of 0.055 to 0.07 throw throw throw..
Something like this lar.... Last couples of month, i saw newspaper of a CEO having more than 100+ CDS account.. Manipulating share prices.. End up in jail..
Can try doing this.There's a high chance that Surveillance staff from Bursa will call you or the Remisiers involved,invite you all for Kopi-o session. Other CDS account holds 3-4million..
So they use the CDS buy back sendiri punya share... then rotate and rotate the same procedure..(In between, need to pay a lot of bank charges only) Share and money still own by them..
When go up up up up and up.. Greedy ones check in.. Then use the CDS holding 6-7mil of 0.055 to 0.07 throw throw throw..
Something like this lar.... Last couples of month, i saw newspaper of a CEO having more than 100+ CDS account.. Manipulating share prices.. End up in jail..
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