RE: sp manipulation5 Jul 2018 10:16
I reckon there is a big background sell that the MM is trying to work whilst attempting to create a market to fill it....hence the downward pressure. I think that the downward SP is exaggerated by wobbly investors that can't decide what's best, so sell up as a result of the fear place upon them by the resident doom merchants. Personally, I'd rather replace these folk for those that buy in that have the intention to hold tight. Just my opinion of course.
if I'm right, and the buys are outweighing the sells, then as soon as the order is filled, I can imagine this will jump quite rapidly...in true alignment of buy vs sell.