RE: What is the best move on discovery @HE124 Oct 2023 17:57
Tro,
You accurately called the bottom last week for AFP as it gapped up on an RNS on Monday morning.
I noticed that someone bought a few tranches on the 18th and then sold them yesterday when the RNS landed.
However even with the ASK being gapped up the MM's kept a very wide spread which killed that particular trade and the prospect if any further action.
I did wonder If it was one of yours?
MM's clearly not in the mood to assist the traders on that one atm even If the true spread is inside the rip off 35.294% spread advertised on here
Sadly, it's been what some have referred to as the ponzi pumps that have been offering the quick wins as mentioned last week, as long as you are in low and early enough.