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Re: None

Friday, 10/20/2017 11:35:36 AM

Friday, October 20, 2017 11:35:36 AM

Post# of 75807
Why I think MM's are Playing with B/A spread

Oct 18 NA NA NA 2,340,516 260,450 11.13
Oct 17 NA NA NA 4,282,374 3,025,701 70.65

On Oct 17 they SHORTED 70.64% the LARGEST % I have ever seen with UBQU so obviously they want to get it back down to cover.

I know that the OTC short report isn't the most accurate because it doesn't tell you about intra day covering but it seems to be the most accurate reason that I can see right now.

They are probably setting off STOP LOSSES and Hopefully once they cover and buy more they will be more apt to bring the price up.

A MM probably got burned and is now doing personal Damage control!

IMO