Through out last few days consistent layering and spoofing in place from instothieves on the buy side creating false pressure a part of short and distort manipulation. Once a value is reached, then they will move the layer to drop price further.
Massive layer left over at 3333 area. Would be removed if the theives had taken enough. Though do start to see some target layers on sell side using the stolen shares.
No reason for stock to have dropped so much given sentiment on property is actually rising.
If caught out, hold and or DCA. If looking to enter, wait till later in week to see if turns around.
Thanks Asic for allowing blatant manipulation. Removeinstos,banshorts.
GMG Price at posting:
$33.50 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)