RE: Might as well start with a moan?22 Sep 2021 10:09
There is, simply put, a problem with the whole market for PIs. Since the start of this year, it has become almost impossible to make any money (particularly with AIM stocks). Three particular trends are noticeable:
1. Prices do not rise in response to positive RNSs; or
2. The sp spikes and then drops away rapidly;
3. Prices consistently drift down after RNSs to below pre-RNS levels, so instead of a gradual uptrend in share prices, prices get lower and lower.
With these features happening consistently and increasingly, it destroys confidence and puts people off the market. I don't know what's driving this change, but some are speculating that MMs are increasingly moving away from human beings doing the trading to using AI and bots. Whatever the cause, it's eroding the fun, enjoyment (and rewards) from private investing.