I am pretty sure, every hot copper thread someone says the share price is manipulated. I cant remember reading one that didn't have posters saying that bots or instos are manipulating.
Lol.
Just because the price isn't moving in the direction you want it to, doesn't mean its manipulated. It just means that people are waiting to see Myers half year report and if its positive id say a lot of people will be getting onboard.
People need to remember that a lot of share holders and instos have lost a lot of money on Myer over the past 10 years, no one in their right mind would be able to forecast the next 5 years for the business due to its terrible track record.
If this report comes back positive and shows their online business is a real powerhouse then this stock will start to fly, if its mediocre then it will continue languishing where it has for the past 10 months.
We are looking at forecast yearly online business of over 600m - 700m.
Myer is blessed it has SL and John King, right now we are in good hands and I believe the turn around has begun, it wont happen over night a lot of confidence is yet to be restored in this department store.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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