Central European Media Enterprises (CETV)

[lukematt]

45% Manipulation


CETV went up 45% on Monday, March 23, 2009? How is it possible? Because Time-Warner bought CETV shares?

Time-Warner didn't buy its shares on the market. Time-Warner didn't buy existing treasury shares from CETV. No, CETV printed new shares, increasing its outstanding share count by approximately 50%.

That explains a 45% rally? I think not.

Personally, I think the left hand sold shares to the right hand to raise the price on the market in the hope that normal investors would buy at the high price because they were sucked in by the Time-Warner name.