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
$34.65 |
Change
0.490(1.43%) |
Mkt cap ! $70.34B | |||
| Open | High | Low | Value | Volume |
| $34.60 | $34.79 | $34.03 | $52.38M | 1.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 339 | $34.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $34.65 | 23 | 1 |
View Market Depth
| Last trade - 12.48pm 17/07/2025 (20 minute delay) ? |
| GMG (ASX) Chart |