Friday, February 02, 2018 8:41:43 AM
They make money when the stock goes lower. Retail can't do this, only these financial entities can. If they made money for the stock going higher we would all be rich. Or if we retail could short these stocks, we would all be rich. So there is shorting or the making of money by an entity when a stock goes lower, at the expense of the retail investor. However they are also responsible for the parabolic runs we see when positive news and retail buying pressure forces them to cover.
As of now the combo of the converting notes and the short MM's in the absence of heavy retail buying is and will continue to drive this lower.
Whether they eventually R/S....nobody knows.
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