This pullback looks like MM action rather than people selling at these levels. AIMHO. I think MM's will short this thing if we start to get momentum. The new SHO rules are supposed to come into effect July 3rd but like everthing else the SEC hass done it probably will not have any teeth. Only the likes of Specter, Hatch and some other powerful people will get these brokers and MM's in line.
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