VONE - Manipulator imposed price band

Deva · 1 VONE - Manipulator imposed price band Fri Aug 19, 2011 3:01 pm

Deva

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There were sell orders over 1M @30 for the 3rd consecutive day. Hence, the sellers had to place orders below 30, all the time. This caused the price to dip down gradually, which sent the price below 29 and the manipulators would have collected enough stocks. This is one instance which was quite visible.
How can this type of work be avoided?
Can there be a volume restriction per day for given party?
Over to our seniors comments of this forum.

wiser · 2 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 3:19 pm

wiser

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I also notice that

CHASE · 3 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 3:34 pm

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You & me can’t do much. Only we can do is hold our
shares until they decide when to go share up & at what price.

If you really want to break it bring some sharks. Will make
a 6m wall at 29 Laughing

damayanthi · 4 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 3:37 pm

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ha ha ha

bullrun · 5 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 4:08 pm

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Collect as much as possible gradually at lower levels and wait for until the manipulator put his selling order pushing the price. If SEC come forward and do something to prevent such acts, it will definitely affect the market negatively.

abra12 · 6 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 6:03 pm

abra12

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Why don't you go along with the manipulates?
Be careful to exit when they exit...

rijayasooriya · 7 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 6:15 pm

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This is a fundamentally good share.So if u can hold collect some.U will be a winner.

UKboy · 8 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 6:47 pm

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CHASE wrote:You & me can’t do much. Only we can do is hold our
shares until they decide when to go share up & at what price.

If you really want to break it bring some sharks. Will make
a 6m wall at 29

Can agree with Chase. Mini investors cannt do anything & its a part of the package.
Quite similar thing is happening with DIMO as well.

RIO · 9 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 8:00 pm

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DIMO there was never a big lot placed for sale but time to time some one is dumping big quantities avoiding it move upwards,...

but RGEM is very similar, there is a Sell order of 322,000 appearing & disappearing every day at different levels (only 2.4 mn issued & top 20 holds 1.85mn, only top 01 holds a stake above 300,000 and only 5 persons hold above 100k lots...as per 31 march report...then who the hell now holds this 300k and...its an above 10% of the issued, so if going by SEC rules the party holds that 300k or the company secretaries should issue an announcement to CSE which was not happened yet.... !)

MJ · 10 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 9:56 pm

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Same with CSD , I have been watching the share for few days now....Whenever it tries to break free...massive sellings to keep the price down and then you see the same volume or + being collected at lower levels.

Chinwi · 11 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 10:14 pm

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We can't do nothing much to arrest these kind of tricks.
I think being able to observe and understand above actions show you are above others. Normally big people do lot of these things in any stock market unnoticed by the crowd.

If you are sure what is happening take a risk and collect or dump according to the situation.

I feel happy to see there are people who see to this extent. Thank you all for publishing your observations.

smallville · 12 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 11:11 pm

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RIO wrote:DIMO there was never a big lot placed for sale but time to time some one is dumping big quantities avoiding it move upwards,...

but RGEM is very similar, there is a Sell order of 322,000 appearing & disappearing every day at different levels (only 2.4 mn issued & top 20 holds 1.85mn, only top 01 holds a stake above 300,000 and only 5 persons hold above 100k lots...as per 31 march report...then who the hell now holds this 300k and...its an above 10% of the issued, so if going by SEC rules the party holds that 300k or the company secretaries should issue an announcement to CSE which was not happened yet.... !)

As I can remember nobody holds this much or bought it recently.. its the original owner him self Wink

I think he's trying to sell high and buy back low..

smallville · 13 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 11:14 pm

smallville

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Deva wrote:There were sell orders over 1M @30 for the 3rd consecutive day. Hence, the sellers had to place orders below 30, all the time. This caused the price to dip down gradually, which sent the price below 29 and the manipulators would have collected enough stocks. This is one instance which was quite visible.
How can this type of work be avoided?
Can there be a volume restriction per day for given party?
Over to our seniors comments of this forum.

Yes nice observation, fundamentally VONE is a value share for me.. it has many top companies of DP's under its wing so the bottom line is; how much revenue can this book with the growth of those sub companies..
No wonder if some1 holds down the interest for their benefit to collect it low..

What's our strategy? Buy a reasonable quantity and keep the investment grow Wink

econ · 14 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 5:14 am

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Deva wrote:There were sell orders over 1M @30 for the 3rd consecutive day. Hence, the sellers had to place orders below 30, all the time. This caused the price to dip down gradually, which sent the price below 29 and the manipulators would have collected enough stocks. This is one instance which was quite visible.
How can this type of work be avoided?
Can there be a volume restriction per day for given party?
Over to our seniors comments of this forum.

lol seems that this is NP or DP s price band .

wallstreetguy · 15 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 9:54 am

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haha, defenitely its a price band, when collection was going on with EPF and other investors, they didnt want to the price to go up. They didnt want to create a demand, so they will be unable to collect at lower levels.

Inorder to break free of that barrier, we should buy stocks above that barrier price.

There is some thing with VONE. Lets see how it goes.

limestone · 16 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 1:48 pm

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http://www.cse.lk/cmt/upload_cse_announcements/3051313663557_.pdf
NP sold 3M shares on 17th @30 !

sanjee · 17 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 9:00 pm

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Just collect V1 @ this price.it is a share to keep long term'

chamith · 18 Re: VONE - Manipulator imposed price band Mon Aug 22, 2011 10:56 am

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There is a half a million sell order at 29

wallstreetguy · 19 Re: VONE - Manipulator imposed price band Mon Aug 22, 2011 12:05 pm

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HNWI wants to collect it at low prices from the retailers.

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VONE - Manipulator imposed price band

1 VONE - Manipulator imposed price band Fri Aug 19, 2011 3:01 pm

Deva

2 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 3:19 pm

wiser

3 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 3:34 pm

CHASE

4 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 3:37 pm

damayanthi

5 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 4:08 pm

bullrun

6 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 6:03 pm

abra12

7 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 6:15 pm

rijayasooriya

8 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 6:47 pm

UKboy

9 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 8:00 pm

RIO

10 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 9:56 pm

MJ

11 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 10:14 pm

Chinwi

12 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 11:11 pm

smallville

13 Re: VONE - Manipulator imposed price band Fri Aug 19, 2011 11:14 pm

smallville

14 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 5:14 am

econ

15 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 9:54 am

wallstreetguy

16 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 1:48 pm

limestone

17 Re: VONE - Manipulator imposed price band Sat Aug 20, 2011 9:00 pm

sanjee

18 Re: VONE - Manipulator imposed price band Mon Aug 22, 2011 10:56 am

chamith

19 Re: VONE - Manipulator imposed price band Mon Aug 22, 2011 12:05 pm

wallstreetguy

20 Re: VONE - Manipulator imposed price band

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