Friday, May 12, 2017 12:52:53 PM
CDEL I believe is short. Every time a trade goes off like today at .0062 he goes .0061 to try and tick PPS down.
He has done this all week. Trade goes off at .007 he goes .0068 when there is no one else offering at .007. So why drop the ask??
I believe CDEL does this to tick the PPS down so they can short the position.. At least thats what the rules were when I was working for a brokerage firm,, you could only short on a down tick..
if this is still true to the rule,, there is an easy 6 to 7 mill short position that I have calculated..
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