Just a reminder23 Jan 2020 09:37
Market Makers make their money on liquidity in the stocks. Yes at times you're playing against their book, but the more trades that happen mean the more they make (unless the price gets smashed ala I3E). When they drop the price to entice sellers and buys they're happy to move it back up to keep liquidity going, that's why often you see small drops heavy buying then it's back again. Today is a classic example, dropped the price to get a few buyers, they got that then zoomed it up.
Just cos the price drops doesn't mean it's going south and just cos it can spike doesn't mean it's going to 20p - keep the focus, buy the dips sell the too high spikes and you'll make a tonne of money