‘Dummy bids part of fun’: HotCopper trader guilty of manipulation
Liam WalshReporter
A trader who pumped up and then sold penny stocks in sectors from mining to electronic goods has pleaded guilty to share manipulation, in a historic case involving posts on website HotCopper.
Gabriel Govinda, using the online identity Fibonarchery, even once boasted: “Dummy bids are all part of the fun and games and cat and mouse of the stockmarket!”
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