RE: Resistance #DGI Caution!!16 Feb 2024 09:12
@Jcool As im sure many understand market dynamics. The share price of a PLC sometimes has very little to do with the true worth of a company. The #AIM has been devastated in the last few years, mostly by funds shorting them. Retail investors have been easy pickings for these greedy and ruthless entities. The MSM are for the most part bought and paid shills who work in harmony with their overlords.
Many folks here may ask, why is #DGI being sold off if it's such a good prospect. Even in the short term. It's an easy one to answer. The market makers want those market orders, in other words, they have been coming for the rich veins of liquidity and trust me they know where the levels are.
Fund managers do not give a toss about destroying a firm to make profits. Look at Petrofac, the most shorted firm in the entire FTSE, no wonder many firms are looking to get away from the London markets. It's a scandal. On top of that, some groups seek to trap and trick those into buying shares at levels of resistance. The FCA never do anything because the problem is so rampant.