RE: Bashers13 Sep 2024 22:42
What happens in a building when someone shouts fire. Lots of people run for the exit. Now picture the equivalent with shares, the bid is reasonably stable for a while then suddenly it starts to drop for no particular reason . The market knows that there are lots of small punters who have little collateral and tend to panic when their T20's go into the red ,so they run to the exit. They are offered silly prices for their shares and the sp drop gathers momentum.