Wednesday, September 20, 2017 1:42:30 PM
I'm not sure if anyone else is noticing the double prints on the tape. This usually signals that the Market Makers is short on shares, thus creating a short squeeze out of it. I believe with volume we will force these Market Makers to cover at a higher price =].
For example, PUMA (Market Maker) is currently on the ask and as far as I've been observing, he hasn't purchased any shares. If he were to get hit, this would cause him to re-buy those shares that he didn't have, thus slapping the ask or being top bidder.
Well, those are my two-cents & hopefully someone else has been seeing the same trading the past few days.
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