RE: Food for thought28 May 2020 13:28
the biggest trader in bmn is the MM with the stock of shares. they take the price up, suck in some buyers, then drop the price to tease out the shares they want to fill the higher buys, and if that fails they drop further and stuff the tame seller for another 100,000 or two then allow a few buys to take the sp back up, take in more buyers and so on and so forth. what makes it possible is people selling on drops and the backstop of shares which can be introduced by the MM. The selling by PI is encouraged by the moaning and wailing on here. If we could give up the wo is me type posts for a week or so, sentiment may well improve so there is more buying, less selling and more erosion of the tame share pile. IMO