RE: WAR11 Feb 2022 10:02
Manifesto - "Another paid muppet..I'd be asking for a refund....LOL!!"
I've been thinking about how many sales these paid derampers would have to generate to make it worthwhile.
50,000 shares a day would amount to 2.5% of Synairgen's volume on an average day. That's quite a lot. But if they timed it right I'd say they could knock 5 or 6% off the share price. They'd be competing with every other buyer out there though, so the people they're working for would only pick up half those excess shares at best. That means that for 25,000 shares they're investing £50k a day to make/save £1500 at the most, less 'staffing' costs. And with the obvious risks already there, it's likely to be less than that most days.
So what are the chances that investors on this board could be tricked into selling 50,000 shares a day between them, a couple of times a week, based on the opinions of some random posters on here?