RE: POG14 Dec 2024 09:00
spades, the issue for me is that if was only pi’s buying then the share price would be rising nicely due to simple supply and demand. however, when the big boys buy it’s done secretively and only revealed at the end of the day as per the ****e rules that go against the little man.
if all trades were announced when executed then there wouldn’t be an issue. starbright of co**** will argue that mm’s are simply making the market, however, i would argue that they are actually distorting the market since they are actively holding the price back to fulfill the supposedly agreed order. this is where i feel the shorters step in to fill the gap, only too happy to sell low and suppress the share price further.
the simple question here is that if someone wants millions of shares why are they being allowed to buy cheaper than we have to at market rate simply because of their access to the mm’s.
this is proved when the gdxj rebalances, when finished and declared we see a large amount of shares traded that’s revealed at the end, which then artificially gives a much higher share price temporarily, then on the following monday it’s back where originally was, thus cancelling out the perceived buy/demand. the only reason for this being the trades have been hidden from the market during the day/week.
i’m my view if the authorities were forced to investigate then this would be far worse than ppi scandal and such like since it clearly disadvantages the general public.
i wonder if we moved to the main market things would be slightly better.