RE: Insomnia2 Oct 2025 18:21
Stebo - Your view of what will happen in reality i.e.
"In reality it will be:
'patient IIs discuss what their buy orders will be with MMs'
'price goes up'
'first PI wets the bed and sells (say at 2p)'
'the crowd of PIs, scared to miss the top, also sell (at 1.8p, as the MMs have dropped the price to spook the PIs)'
'MMs and IIs sit back patiently hoovering up all the shares that the PIs are shifting in a fire-sale, hoping to get in lower'
'Selling cools off and MMs slowly increase the price until they've filled their order books, maybe with the odd tree-shake on the way up'
'Eventually PIs realise their mistake and start trying to buy back in a 4p, and the MMs move the price up to 5p+'"
That describes what others are saying, that they expect a retrace before climbing higher.