SBM 5.38% 34.3¢ st barbara limited

manipulation?, page-9

  1. 287 Posts.
    Also combine fundas with chart activity but manipulation?

    Sure it happens - especially in a bear market when investors are frightened.

    If the manipulators are doing this for profit (a no brainer) why not join them when comfortable that the stock is thoroughly trashed? IMHO as a happy soul (as a recent buyer of URL) to see this ploy around a few times over the years when the heavies go shopping, is a plus. It's 2009 not 2006 - different game.

    It seems to me the only way to pick the oversolds (provided they are not going broke and have some cash or a big brother) is to watch the volumes. Perhaps directors too?

    For me SBM is a dog but mostly free held. Shoulda switched to NGF and BDG when SBM was 80. Dumb. Dumb. Dumb. SBM might come right with gold at $1500 or perhaps next month whenever the manipulator (if there is one) decides to go for control for a a third of what he would have had to pay when they were 75c.

    At 24 you can only hold. Maybe buy more for less. In the meantime watch the volumes. SBM surely has to be a t/o target.
 
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Last
34.3¢
Change
0.018(5.38%)
Mkt cap ! $265.9M
Open High Low Value Volume
34.0¢ 35.0¢ 34.0¢ $707.9K 2.064M

Buyers (Bids)

No. Vol. Price($)
17 800478 34.0¢
 

Sellers (Offers)

Price($) Vol. No.
34.5¢ 175662 10
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Last trade - 10.35am 08/11/2024 (20 minute delay) ?
SBM (ASX) Chart
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