You're right, trend is your friend, and all that. Lots of activity here and looks like it is being churned - what is the legality of having several DMA accounts and using them to take out your own orders from another account, out of interest?
The movements here have been nothing to do with the MMs, who've been sat back well down the book and letting the action happen. This is a SETS share so not controlled by the MMs like a SEAQ one, and plenty of us have DMA accounts! The rise this morning was engineered, could have done similar myself if I'd wanted to!
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