here is my thoughts last week in 4 days this traded 1.2b shares most everyone was holding. Looking at the charts this was overbought still is but not as bad. Market Markers have to naked short plays like this to make a market so going into today with being over bought they were short. Last week peeps were able to slap the ask and get plenty today was totally different and this is where the problem lies. Peeps wanting to get filled on large orders bid sit and wait on the impatient because the ask side was thin and they know they will not get a full fill of their order before it upticks. So now the impatient sell into the bid Market markers are happy now because it shows weakness and they are able to cover. I know a few that bought today and sold for a loss because they got scared or set a stop loss and get stopped out all this plays right into the market makers. There were big bids at 6s and no one got filled Imo looking at the time sales. 7s should be the bottom. Penny traders are the enemy not the market makers now days. Market Makers do not have to worry about being short because they have seen how easy penny players get shook. I have not sold 1 share and will buy more tomorrow if I can get 6s. this is not some BS play or some start up these players are pioneers of the MJ business. and than you have filings showing where Kenneth Griffin and co own shares geez it does not get any better than this the CEO has been around the block CANN he started trades for over 3.00 dollars I think am going to ride with the winners not the losers that sale for a loss and cry's pump and dump because they have no clue how to trade.
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