CINE Retail Investors impact on the share price11 Dec 2021 00:28
https://snipboard.io/8ct9Eq.jpg
I downloaded today's total trades from LSE(not this site) and compared the number of Algo trades vs Off book trades.
Almost all of the Algo trades are by hedgefunds as PIs like you and me do not have the software to place the auto trades.
Off-book trades are the ones that are placed with the exchange using a trading platform like HL etc and these are the trades placed by people like you and me.
From the screenshot, you can clearly see that volume of O trades are double than the ones placed by Algo trades.
So more than hedge funds that use Algo trades, it is retail investors like you and me who had the highest volume today. And it is not just today, even on the days when we have more than 3% up/down SP, you can bet that it is the retail volume that is driving the price. These retail investors, who are people like you and me make decisions on buy/sell based on some source. Majority of these retail investors come on to these forums. Now when us private investors panic seeing the price going down, we immediately think of the comments from twats like RedMonkey/Pogo/Pawel and make an emotional decision. Ofcourse some are glad to sell it for a minimal loss but think about those who sell for bigger losses believing in comments from the trolls.
LIke I said many times, am in a bigger loss but there is no point in selling now but at the same time when some idiots come here spoutting rubbish, I can't withstand.
Again, look at th excel that I shared and you can see that it is us retail investors that have higher volume than Algos that are mostly hedge funds who short. Price is going down but short tracker doesn't show increase in short position every day, why? The price is going down because of the retail investors selling their shares listening to the trolls. What is annoying is that some saying they are invested but they spread FUD! I gave many examples earlier about retail investors driving the price of not just meme stocks but many other stocks. BBC said nearly 1M private investors working from home signed up in the first half of 2021. So anyone saying that the comments posted on the forums doesn't make a difference is completely wrong. Atleast with CINE and considering the CINE volume, it is the retail investors driving the price.
It is the sentiment of the retail investors that is driving the share price.
So if you see a troll best is to report their post and not reply to that thread.
PS: Also there are some O trades placed by someone on behalf of the clients. From what I learnt, SINT trades are such trades that are placed by someone(possibly MMs) on behalf of a client.