RE: LOL12 May 2020 11:47
Talking of sells, here is one of the MM tricks to mug a few investors of their shares. IMO they had set stop losses at just over 0.8p.
12-May-20 09:19:06 0.8622 136,909 Sell* 1,180 O
12-May-20 09:16:27 0.88 100,000 Buy* 880.00 A
12-May-20 09:16:15 0.88 27,732 Buy* 244.04 O
12-May-20 09:16:00 0.8602 233,525 Sell* 2,009 O
12-May-20 09:14:13 0.855 150,000 Sell* 1,283 UT
12-May-20 09:07:21 0.8038 281,596 Sell* 2,263 O
12-May-20 09:02:10 0.80366 100,000 Sell* 803.66 O
12-May-20 09:01:40 0.8978 441,122 Buy* 3,960 O
12-May-20 08:59:58 0.8998 1,950,000 Buy* 17.55k O
12-May-20 08:59:56 0.80907 439,153 Sell* 3,553 O
12-May-20 08:59:38 0.90 28,000 Buy* 252.00 A
12-May-20 08:59:20 0.91 25,111 Sell* 228.51 A
So MTFB is trading at about 0.9p as shown by the first 2 auto trades. They drop the bid at 08:59 to 0.8p and 3 sells occur, which amount to 820,749 at under 0.81p. They wait 7 minutes to see if their are any lemmings who decide to press the sell button manually but don't get more shares. At 09:14 a UT happens to reset bid back to a more sensible level of 0.855p. Normal buys going through at 0.88p and sell at 0.86p.
They scored over 820k shares at a 6% discount - not bad for a few minutes work!