That seems to make sense- you're essentially saying that the MMs set a price where they can all make money- and that the debt holders want to get the **** out at a certain point before they end up being bag holders?
All of that makes sense to me- but- when they decide to do a HUGE dump, where do the buyers come from? They are looking at LIII book and saying, well, we have $xx,xxx orders @ $.00xx and so let's go ahead and dump our $xx,xxx worth of shares on X day @ $.00xx ??
And that is why the buyers appear to have come from nowhere? Right? Because you and me cannot see anything but LII?
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