"Wait do you think MMs are behind the increase?"
No. Well, maybe, because they HAD to be, because somebody or more than one somebody wanted to buy the supposed 1.8 million shares.
But I DO think they're behind what's going on this morning. JMHO!
As is, wasn't the s/p .097 Bid/.01 Ask, on ~ 320,000 shares traded? And now, ~ 250,000 shares later, the Bid/Ask is .079/.085. Or thereabouts.
Oh yes, that all makes perfect sense. Unless, some smart person put in a Sell order for 250,000 at the "Market", and they gave he/she ~ 15% lower than what the present spread was at the time.
??
All JMHO! J...M...H...O!
