RE: Off we go!27 Jul 2023 10:10
Neil mate you can buy this volume intermittently for a few seconds then in order to fill it they have to inexplicably take the Bid price to NT despite no volume of sells going through. This tactic is unfair unnecessary and is evidence of back filling orders. Any more of this and I will make a formal complaint with the FCA. When there’s little stock float, freeing up holdings is needed but the use of not allowing anyone to receive a quote on the sell side is manipulated heavily on this now. On the buy side little to go around and we would expect that it may go to NT as they need to deal with adjustment of the price higher and orders . This is what I can’t stand we are not responsible nor the market for balancing their books. In order to do so they can’t be allowed to direct the share price here downwards in order to collect. Amateurs panic when they can’t get a quote and when MM reprice it lower and release quotes on no sells they sell as they think so many sells are going through but that’s no factual is it.
Warning shot MM play fiat here provide a fair and an orderly market now please. If there was so many sellers we could easily pick up 10,20, 30 k with ease. Fact is they have literally nothing but are obliged to quote on this! IMHO GLA