I'm sorry but correctly predicting the market reaction to the quarterly does not mean manipulation. The stock ran up into the quarterly on high expectations and is delivering growth, just not enough to induce new buyers. Just looking at the broker share data tells you literally nothing about manipulation or whatever. It is a common thread for stocks that have the combination of high retail trading participation and high short interest to complain of manipulation or it's rigged - If the company delivers on earnings over the medium to long term, it will be worth money. If it doesn't, it won't. Day traders getting it wrong won't make any difference to that.
ZIP response to 'retail' investor concerns, page-37
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Last
$2.23 |
Change
0.070(3.24%) |
Mkt cap ! $2.894B | |||
| Open | High | Low | Value | Volume |
| $2.14 | $2.26 | $2.12 | $39.40M | 17.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 55449 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.24 | 136951 | 4 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |