It was good that there was no price adjustment during the suspension, Maybe PSE has learned that it is hard to fill price gaps due to price adjustment. It is bad for small time traders, it is also bad for fund managers, because they will get stuck for a long time, if they will not sell with a big lose. No matter how they buy it up, it always goes back to the adjusted price, like NI, MPI, FGEN, and the recent DGTL and SMC,
So, I hope next time,do not suspend trading when there is news coming out. Let the price speak.
". When the stock you are manipulating doesn't act as it should, quit. Don't argue with the tape. Do not seek to lure the profit back. Quit while the quitting is good and cheap. " Livermore
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"I'm disappointed at the PSE," said another fund manager at the time. "I don't think San Miguel should deprive the public of fair play. Negative speculation is part of market dynamics." The investors declined to be identified.
http://www.abs-cbnnews.com/business/05/15/11/pse-sets-limit-voluntary-suspensions-after-san-miguels-14-day-stretch
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