RE: I am fully topped8 Dec 2020 17:21
Westlad, you're right volume does have something to do with it also numbers of trades. How the algorithm works i don't know. It is particularly strong I have found in companies that aren't earning any money as the ability to be able to price that companies sp involves alot on judging market incentive. So to use your example 500k or 5 x 100k. Even tho it isn't against the rules doing 5x 100k is frowned upon and you will be lucky if you manage to make more than 3 in quick succession without the 4th having the price hiked up as it manipulates the market to thinking there's alot of demand and the sp to move accordingly. This is what the MM's try to do and also to their own gain as well. I.e tale GLR had an mcap of £7m a few weeks back, but 1 day of trading could add £1m on to the mcap but the total value of all the trades that day be £60k. Yes this happens, as we have seen it, but the price changes when buying in bulk or multiples also try stop anything wild happening that could cause ridiculous sp movement. Annoying people new to trading I guess as u gave to learn the hard way and even to an extent learn what each share behaves like. But thats AIM. All part of the fun