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An interesting video which goes at least some way to explaining how many small investors can be duped by Market Makers.
Being a long-term holder of this stock I have seen what I believe to be this type of practice whenever we seem set to break out above 3 pence.
When it looks like we may progress to the next level, what would appear to be MMs, seem to get their foot straight back on the share's throat.
A very interesting piece of advice comes at (time) 10:50, especially when in all honesty none of us knows who are really posting on these boards.
We read their posts, like them or don't, and then tend to form an opinion of the poster based purely on what we believe them to be.
Oh by the way. I have no reason to doubt that there are many good honest people who post on these boards, and simply want to help those with a lot less experience of this jungle to make a few quid. There are certain posters posts which I read with great interest and take them at face value.
But of course there are also shysters, and they will always be with us. Money and morals seldom mix.
As the saying goes: Do Your Own Research.
https://www.youtube.com/watch?v=63BoycqDwIA
There seems to be quite a few on here who also have dogs in the race at GST.
I'm a long-time holder in both, and have every faith in both.
Any further reference to GST I'll post there. Just to say there does seem to be a degree of animosity towards that share by some posters here.
Something I feel is totally unfounded and undeserved.
Won't be surprised if a major tree shake takes place. It's the kind of tactic which usually accompanies a big rise with MMs seeking to steal shares of those who have put in a stop loss.
Learnt my lesson the hard way from that with a previous holding in GST.
AimHigherStill said:
"Could someone summarise what Kat just said.....jeez he goes on a lot for someone not invested in this share. Get a life mate.
I've long since filtered the fool.
Don't care what he has to say.
During the last few days, due to trading volume, the MMs have been unable to intervene and influence the share.
Volume has abated today, when compared to recent trading days, and so they have been able to tinker with the share.