I Will Give People21 Jun 2023 21:16
A good tip, look at buys and sells and consider how MM make money and break even if you are looking at stocks with heave sells to buys and the price goes up or stays the same for a while this is what is called market manipulation but considered legal due to how markets work.
Loads of brokers have been stuck with shares at higher prices so they hold the price and rise the price this sucks people into the stock so the broker is able to then offload them and make money or not loose to much they use high spreads etc on the same basis.
And it also works the opposite way undervalued stocks sometimes have big drops to scare people into selling and allowing brokers to pick up cheap stocks.
This is going down 12p soon then 9 then will level out at about 5-7P based so the brokers are getting people in at 15-18P now to make up for all the losses they had last year 201 trades today very easy to make this what ever price you want.