RE: Anyone new or inexperienced20 May 2020 09:45
Sam it’s clearly not going to sit at this level for much longer - this is an artificial ‘drop’ - sentiment is still incredibly strong and investors are going long. MM’s are trying their hardest to take it down further to order fill and keeping it pegged in a tight band means that day traders find it difficult to trade it. But this method is pure manipulation and at the risk of sounding like a broken record the MM’s tactics only win when someone decides to sell. If anyone feels the price offered often blind undercover of Negotiated Trade is fair then go for it. But that is going to be a handful or people. Those who bought in early on and haven’t sold yet question is why would they sell now? They wouldn’t. So who would be mad enough to sell? Those who are under researched here & are panic sellers. MM’s play on this type of investor, however they don’t provide volume to fill orders, they rely on others following suit as they see the price manipulated down. Stay strong and don’t give in, is the only way they will be forced to give up. Those wobbling and thinking of selling need to ask themselves why and who is buying up their shares from them? HEMO is in demand.
IMHO DYOR GLA