RE: Lots of sells8 Mar 2023 15:49
Fear and Greed Colin, people only get greedy when they see some news, they get fearful when they see the SP drop, the AIM market uses Market Makers and they cannot control the news, but they can control the price.
On news or heavy buying MMs will move the price up until the market doesn't see the greed value anymore, when they want to drop the price that increases the fear in other investors and the rush for the exit starts. This can continue until some see value in the SP, but really it only motors upwards when someone tips the share and that encourages others to buy in and the greed bubble starts or the Company release good news that shows how undervalued the share has become.