Because that's how it works, retail investors buy when the price is increasing, institutional sells it to you.
Now you've got no one to sell it to, it starts to crash. Makes you panic when it drops further as you're probably 20-50% down. Now you start selling and instos buy.
That's how we're call retail investors (retail customers).
SBM chart, page-153
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 (20min delay)
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $192.2M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 23.0¢ | $871.8K | 3.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 713348 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 444354 | 11 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
23.5¢ |
Change
-0.005 ( 2.29 %) |
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| Open | High | Low | Volume | ||
| 23.8¢ | 24.0¢ | 23.0¢ | 1459887 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| SBM (ASX) Chart |