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Re: Snow_lyric post# 2373

Friday, 04/06/2018 1:08:55 PM

Friday, April 06, 2018 1:08:55 PM

Post# of 12542
If I’m right, and the effective float is near zero, there will be little movement until NEWS moves it. No one selling, because they know it’s worth a lot more, and no one buying because there is nothing drawing them here. Once it moves up, that in itself will draw volume as it hits the volatility boards (like we did before).

MMs all but given up dropping the SP, as someone just buys the ask. They have nothing left. They could try stepping up until they find volume.

There is zero short interest (400 shares), and I think the MMs are now also near Zero long.

Stalemate

http://shortsqueeze.com/?symbol=Uama&submit=Short+Quote™

Good link to monitor short interest, nothing to see, but I always keep an eye on it.
SNAP / FB as well (much more interesting)