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Re: nranger post# 503560

Tuesday, 01/09/2018 11:50:29 PM

Tuesday, January 09, 2018 11:50:29 PM

Post# of 730084
ranger....as you know, or should know... the stock market is simply a merchandizing game, for the benefit of people who live in large mansions in the Hamptons..MM set the price in which they buy and sell stock, not you...they buy when people sell, and they sell when people buy...their task as set by the SEC is to keep a stable market through all the cycles in buying and selling by the public... when the stock took off 3 years ago at the 3.40 high, MM sold short into the demand by retail to satisfy volume at the higher levels...then to cover those short positions, they took profits, and now are in the process of satisfying these short positions...remember, hedge funds and retail hold sizable long positions and unwilling to sell at these lower levels... so they put on the daily pressure, roiling the stock back and forth to get shares from disillusioned longs who have been waiting for going on 10 years...so , to answer your question as to when the price of wmih will move up?...it will move up when the short positions held by the MM, trading desks, short hedge funds, et. al., are satisfied...when these MM then have long shares back in their accounts, then, and only then will they increase the stock price...... Lodas
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