RE: Sell28 Feb 2024 12:49
Re Paradise wanted..
Small and mid size companies SP prices are determined by the market makers,rather than actual trading..They manipulate the situation as to whether they want more or less shares on their books.. Often in the morning you see an SP go up by 6% yet if you look at volume it might be less than 50..they are trying to stimulate buying,and then the SP settles back and you have a loss on your hands..They also stretch and narrow the buy/sell gap depending on their current needs etc etc..In effect you should never buy a share that has only one market maker,as they are the worst manipulators