RE: Tree shake6 Oct 2020 22:23
James it was my opinion only, seen many a time sp drop sharply scaring the weak to sell compounding the drop further.
Those then with the money mop them up and hey presto the sp rises.
Difference for pi’s is in the frenzy to buy at the low you can’t get a quote, well I have never been able to.
The mm’s may not be long or short, have a balanced book but you never know what they are doing in the back ground.
Today 1m trade reported after hours, could be a buy as suggested and if so mm’s have sold into the market to keep SP down to fill. Could be a sell however sp rose after.
It is all games, yes rns will land and I believe it will be a offer but if not the mm’s would have made enough money to off set the shares they may or may not be holding.
All imo GLA