spring effect

  1. 70 Posts.
    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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(20min delay)
Last
$33.93
Change
-0.160(0.47%)
Mkt cap ! $69.37B
Open High Low Value Volume
$33.91 $34.16 $33.58 $101.9M 3.005M

Buyers (Bids)

No. Vol. Price($)
1 10500 $33.91
 

Sellers (Offers)

Price($) Vol. No.
$34.00 8478 1
View Market Depth
Last trade - 16.11pm 18/09/2025 (20 minute delay) ?
GMG (ASX) Chart
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