Fund managers are buying up what I can tell anything that's been smashed by -40% has to go up. Same that happen in America, any hammered stock was just picked up back to 0 or +20% (netflix, etc). So while others are selling or put off, they're saying well we've lost 40% better push prices back up. Same with Crown/Star/Qan too much money lost so it's a bit of FOMO going on as the collective will push prices back up. Remember fund managers just didn't support any of these stocks so they just tanked. I can't find my list of -40% stocks but they're all on there.
The train is on bank stocks anyway and don't discuss BNPL!
Anyway, bit of fun and games happening on the price. Everytime it goes up somebody keeps smashing it down. Everytime I put a buy order on the downside it gets hit. Probably the guys above as you say. lol
MVF Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held
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