RE: Wyld & SpaceX partnership is a significant development for the IoT industry11 Aug 2023 07:58
Augustus yes we’re all pretty researched on investee companies thanks that’s exactly why we are here. Posting the market mechanics is simply to offset the relentless abuse by Market Makers here and their ability to use SP scare tactics in order to acquire stock. With the closing of so many shorts here recently, getting hold of stock now has become difficult for them indeed hence the abuse of the share price here in being dragged back against a bullish curve, positive sentiment, gamechanger RNS being put out. Outing this by posting their tactics allows their behaviour to be noticed and therefore despite thinking they can continue to control, at some point the risk in being audited becomes real. Yesterday was a prime example. A sell at 5.00 of a few pounds triggered apparently lol the Bid to suddenly plummet and the spread to go from 5.50-6.50 to 5.00-6.00 after relentless buying. This is protection of all shareholders to stop the abuse of the share price here. Nobody makes you press sell but if the price is dragged down against a tide of buying and literally no selling then as shareholders we must and are entitled to ask what the hell is going on are we not. I suspect they’ll ‘allow it to get over 6 today not sure they can attempt another hijack in plain open sight! IMHO GLA