what's with the mum and dad reference?, page-3

Pepole call small scale investors "M&D investors" who mostly rely on media reports to become aware of some stocks or on brokers to get some advice or to buy / sell shares. They are the ones with small stock holdings compared to the instos or big traders. They mostly react too late to recent sp movements and are often the ones who buy when sp reaches the max and sell when sp hit the min because they don't check the sp every day.