Its called Manipulation by machines.
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Looks like we got some buyers this afternoon.
Started off the day with my post(s)/fact(s) being called "utter crap", ended the day with one of the highest volume of shares traded in the last year and the share price down 5.3%... while it was clearly a 'slight miss' in my books, I didn't expect ATM to drop over 5%... maybe flat, maybe down a few percent at most as the story is still very much in tact (and that is what matters most for high growth companies on very high PE's like ATM)
... Read into it what you will but clearly Mr Market was disappointed and thought it was more than a 'slight miss'.
Good commentary from Milford this evening, SP weakness today due to unexpectedly high stocks of inventory making instos nervous.
Assumed due to buyers having previously stocked up in advance of Covid pandemic, but creates uncertainty.
Dropped .25 Au after the N Z market closed @ N Z $ 20.35 so where will it open in nz tomorrow ?