When a spring is pushed down, it rebounds hard...
If I headed an insto and wanted to make the most of my investments for my clients, I would pick stocks that are fundamentally solid, but the market has lost confidence in and play them. I would push the price down and buy up, sell as it rose and do it again and again. This would make me a lot of money.
IMO this method is possible until the sentiment changes in that particular sector/stock. When fundamentals return and confidence grows again to the stock, sector and market, the stock rebounds. I believe that this rebound is proportional to the amount of manipulation that has occurred.
GMG holders, get ready for the bounce...
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Last
$34.12 |
Change
-0.100(0.29%) |
Mkt cap ! $69.21B | |||
| Open | High | Low | Value | Volume |
| $34.08 | $34.25 | $33.77 | $18.97M | 556.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 398 | $34.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.13 | 1213 | 21 |
View Market Depth
| Last trade - 14.31pm 16/07/2025 (20 minute delay) ? |
| GMG (ASX) Chart |