Beware for Manipulations!

anges · 1 Beware for Manipulations! Wed May 13, 2020 2:27 am

anges

Assistant Vice President - Equity Analytics

Posts : 749
Equity Stars : 4711
Reputation : 25
Join date : 2012-12-04

Guys please be mindful in these turbulent times ........some shares may be driven up and sold ! specially if they hold a counter in large quantities ! just wanted everyone to be safe !

wallstreetguy · 2 Re: Beware for Manipulations! Wed May 13, 2020 9:55 am

wallstreetguy

Senior Manager - Equity Analytics

Posts : 403
Equity Stars : 6014
Reputation : 33
Join date : 2011-04-09
Location : Echelon Square , Colombo

yes. Exactly. Please be mindful and do not think we are the DJIA that we are also destined to shoot up. Like ranges said, some counters may be driven up to be dumped on your poor souls. You must be knowing this by now. If the broker is heavily promoting certain counters, better stay away from them since they are also marketing at this point and want to unload shares of their big clients.

Thank you anges for timely reminder.

thankrishan · 3 Re: Beware for Manipulations! Wed May 13, 2020 11:43 am

thankrishan

Senior Manager - Equity Analytics

Posts : 416
Equity Stars : 3676
Reputation : 31
Join date : 2014-10-17

Its strange, look at the pattern. Market is going up for no reason and the buy and sell pattern is little strange.

cseguide · 4 Re: Beware for Manipulations! Wed May 13, 2020 11:49 am

cseguide

Vice President - Equity Analytics

Posts : 1316
Equity Stars : 6024
Reputation : 56
Join date : 2011-04-20

thankrishan wrote:Its strange, look at the pattern. Market is going up for no reason and the buy and sell pattern is little strange.

exactly right. This look like an artificial hike to dump their shares for poor investors. Most of the time end of the day red or tomorrow red market.

bhanu · 5 Re: Beware for Manipulations! Wed May 13, 2020 11:59 am

bhanu

Manager - Equity Analytics

Posts : 215
Equity Stars : 3885
Reputation : 13
Join date : 2013-06-12

We need to have our on strategy for market. I'm buy a certain amount regardless up or down for next three months everyday same amount of money.. so a day change won't affect me much

Gajaya · 6 Re: Beware for Manipulations! Wed May 13, 2020 11:59 am

Gajaya

Equity Analytic

Posts : 47
Equity Stars : 1605
Reputation : 0
Join date : 2019-03-04

cseguide wrote:

thankrishan wrote:Its strange, look at the pattern. Market is going up for no reason and the buy and sell pattern is little strange.

exactly right. This look like an artificial hike to dump their shares for poor investors. Most of the time end of the day red or tomorrow red market.

Eugine Fernando · 7 Re: Beware for Manipulations! Wed May 13, 2020 12:09 pm

Eugine Fernando

Senior Manager - Equity Analytics

Posts : 574
Equity Stars : 3322
Reputation : 8
Join date : 2016-08-24
Age : 69
Location : Negombo

cseguide wrote:

thankrishan wrote:Its strange, look at the pattern. Market is going up for no reason and the buy and sell pattern is little strange.

exactly right. This look like an artificial hike to dump their shares for poor investors. Most of the time end of the day red or tomorrow red market.

Don't think negatively those who are buying all are not fools.

Equityinvestor · 8 Re: Beware for Manipulations! Wed May 13, 2020 12:21 pm

Equityinvestor

Manager - Equity Analytics

Posts : 224
Equity Stars : 1614
Reputation : 3
Join date : 2019-08-20

Slowly going down.

roshan1039 · 9 Re: Beware for Manipulations! Wed May 13, 2020 1:34 pm

roshan1039

Moderator

Posts : 311
Equity Stars : 4904
Reputation : 32
Join date : 2011-01-22

Next 2 days red market or up by very little.

Don't panic take the opportunity slowly.

thankrishan · 10 Re: Beware for Manipulations! Wed May 13, 2020 1:35 pm

thankrishan

Senior Manager - Equity Analytics

Posts : 416
Equity Stars : 3676
Reputation : 31
Join date : 2014-10-17

Let the market settle where it belongs to.

wallstreetguy · 11 Re: Beware for Manipulations! Wed May 13, 2020 3:06 pm

wallstreetguy

Senior Manager - Equity Analytics

Posts : 403
Equity Stars : 6014
Reputation : 33
Join date : 2011-04-09
Location : Echelon Square , Colombo

I don't like to post such things. I normally wont do.

However, I'm getting news that banking stocks earnings are at the worst, default rates on loan and credit cards are to increase. Small banks are hit worst. UBC and PABC. Also, the diversified sector, payments from the supply chain are also not in a good state. Dialog has taken a huge forex hit and is not a good state as the telco had given discounts and free incentives to customers and the 200million donation as part of CSR. But there is another thing that there are many unsatisfied customers of dialog who have disconnected the connection due to the data skimming and credit skimming and very poor data connection; especially the 4G connection which customers have moved away from. There was a massive group on facebook rioting against dialog and its services, breaking sims and routers. I think the disgruntled group was around 500000. Dialog had paid the admin owner to shut the group down.

i hope someone can check on this.

cseguide · 12 Re: Beware for Manipulations! Wed May 13, 2020 4:46 pm

cseguide

Vice President - Equity Analytics

Posts : 1316
Equity Stars : 6024
Reputation : 56
Join date : 2011-04-20

roshan1039 wrote:Next 2 days red market or up by very little.

Don't panic take the opportunity slowly.

yes, that's true. Though the market went up today its biggest blue-chip JkH went down nearly 10 Rs. down. It looks like JKH still has big selling pressure. mostly my belief is tomorrow's market may be red.

wallstreetguy · 13 Re: Beware for Manipulations! Wed May 13, 2020 5:02 pm

wallstreetguy

Senior Manager - Equity Analytics

Posts : 403
Equity Stars : 6014
Reputation : 33
Join date : 2011-04-09
Location : Echelon Square , Colombo

https://www.lankabusinessonline.com/central-bank-places-restrictions-on-discretionary-payments-of-banks/

No dividends by banks, no share buybacks, no CSR or any unnecessary spending etc

thankrishan · 14 Re: Beware for Manipulations! Wed May 13, 2020 7:58 pm

thankrishan

Senior Manager - Equity Analytics

Posts : 416
Equity Stars : 3676
Reputation : 31
Join date : 2014-10-17

wallstreetguy wrote:https://www.lankabusinessonline.com/central-bank-places-restrictions-on-discretionary-payments-of-banks/

No dividends by banks, no share buybacks, no CSR or any unnecessary spending etc

Further reduction can be expected on banking and finance shares.

Promoney · 15 Re: Beware for Manipulations! Wed May 13, 2020 8:38 pm

Promoney

Senior Manager - Equity Analytics

Posts : 595
Equity Stars : 2048
Reputation : 9
Join date : 2019-07-16

Specific to license banks, not Finance Companies

cseguide · 16 cse technical chart Wed May 13, 2020 9:05 pm

cseguide

Vice President - Equity Analytics

Posts : 1316
Equity Stars : 6024
Reputation : 56
Join date : 2011-04-20

indicators not confirm upward movement yet

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

Beware for Manipulations!

1 Beware for Manipulations! Wed May 13, 2020 2:27 am

anges

2 Re: Beware for Manipulations! Wed May 13, 2020 9:55 am

wallstreetguy

3 Re: Beware for Manipulations! Wed May 13, 2020 11:43 am

thankrishan

4 Re: Beware for Manipulations! Wed May 13, 2020 11:49 am

cseguide

5 Re: Beware for Manipulations! Wed May 13, 2020 11:59 am

bhanu

6 Re: Beware for Manipulations! Wed May 13, 2020 11:59 am

Gajaya

7 Re: Beware for Manipulations! Wed May 13, 2020 12:09 pm

Eugine Fernando

8 Re: Beware for Manipulations! Wed May 13, 2020 12:21 pm

Equityinvestor

9 Re: Beware for Manipulations! Wed May 13, 2020 1:34 pm

roshan1039

10 Re: Beware for Manipulations! Wed May 13, 2020 1:35 pm

thankrishan

11 Re: Beware for Manipulations! Wed May 13, 2020 3:06 pm

wallstreetguy

12 Re: Beware for Manipulations! Wed May 13, 2020 4:46 pm

cseguide

13 Re: Beware for Manipulations! Wed May 13, 2020 5:02 pm

wallstreetguy

14 Re: Beware for Manipulations! Wed May 13, 2020 7:58 pm

thankrishan

15 Re: Beware for Manipulations! Wed May 13, 2020 8:38 pm

Promoney

16 cse technical chart Wed May 13, 2020 9:05 pm

cseguide

17 Re: Beware for Manipulations!

Sponsored content