RE: Market abuse27 Jun 2024 15:19
I do wonder when MMs will stop all this intraday nonsense?
Are these tactics designed to weaken PI confidence and shake out shares because it does seem to be effective and works quite well.
I am sure plenty will have had their attention and money drawn elsewhere now so we may have lost a few bodies here as a result of MMs operating strategy at 0.25 levels. To fail once fair enough, twice such is life, three times gets suspect but five is just so blatant based actual trades being processed. But what can you do, become another super day trader enriching MMs pockets, sell up never to return or tough it out until the market starts behaving rationally again.
This is when I adopt my inner Gandolf
"You cannot pass", he said. The orcs stood still, and a dead silence fell.
"I am a servant of the Secret Fire, wielder of the flame of Anor. You cannot pass".