Re:MM Setup small investors to fail29 Jul 2015 10:22
Agreed, and what's more they do it by first of all fiddling around with the Spread then arranging the SP to suit the shorters. (They consider more liquidity will prevail by accommodating the shorters). AIMO. However, as a pi over 18 yrs I invested up to £250k and struggled to make a small profit. Fed up with the rampant shorting, sadly (or so I thought at the time), I sold out earlier this year still with only a very small profit to show for all those years. Invested the bulk in property, (thank goodness). Now invest only a small amount in shares but still make a small profit. So mm's fuddling around with the SP's have lost them the liquidity of my cash that's for sure. IMO FCA are at a loss as what to do about shorting, even where it is illegal, fearing it would crash the market as shorting is so rampant. Meaning 'Shorting' will digest, (Financial Cannibalism?), or deter most eventually, (along with most of the shorters).