The market doesn't function perfectly (many humans are influenced more by the SP for their decisions, rather than the company fundamentals). MMs control the SP, so MMs can influence buy/sell decisions by SP manipulation - leading to MM company profits.
A lot of forums have people confused as to why SPs have dropped, where the buy/sell ratio would contradict this. But it is SP manipulation by MMs most of the time.
Here is a possibility of what we have just seen.
Yesterday, huge number of buys compared to sells. MMs share stock drops below target level (they've sold too many of their own stock).
MM Tactic 1: last minute rise to 15% yesterday afternoon. Possible for many investors to miss this as it was so late. Only for a reset of 15% drop this morning, as a method of triggering panic or % driven sells. So traders may sell these as the SP would appear to be on a decline.
MM Tactic 2. Obvious (to some) attempt at manipulation, more buying continues. MM stock levels getting lower. Sudden rise and then drop can influence people to take the deal when it goes relatively high on these artificial spikes.
As long as the majority of buying continues at these cheap levels, and people hold, the MM stock level depletes further. May see a big drop to trigger panic selling, which may well work (but will always have a rise afterwards- MM profit maker). But if a big drop occurs and there is no RNS, no big sells being reported, no bad new stories released, it is very frequently MM manipulation.
MM individuals can be in trouble for this, as they can lose companies a lot of shares/money. It appears to be back firing here so far. Excellent stuff.
Somebody will have a system in charge of this SP price. Watch out for a big unexplained drop. Which if triggers more buying, the resultant rise will be huge.
Up to 0.32 sells available @ 0.332 This will continue to rise due to minimal capacity on the buy side. So long as there is not a load of sells this will contiue to rise through 0.45p - the next siginificant point of resistance. Minimal resistance seen at 0.375 and 0.4p.
Earn their money through transaction fees so its in their interest to get volume up as mich as possible. The bulk of the interest has been buys specifically at 0.33p now that seems to have maxed out so the only way for this stock to go is up to entice some sells... As long as sells are kept to a minimum the stock will keep rising as capacity for buys at these levels has maxed out. Sells now available @ 0.33p thats 10% higher then what kip sold at on Friday ;-) claiming the stock was going to drop near 50% lol Its amazing the tactics people use for their own self-comfort making totally baseless statements!
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