Wednesday, June 06, 2018 12:51:55 PM
Some MMs may B going against SHORT MMs.
With so many shares short, MMs passing shares won't provide cover.
It appears, an MM (or more) may be shooting (going) against the SHORT MMs.
Many times (or most times), when UOIP trades lower, a small vol trade will occur back-up to the ASK level (or close to it).
Typically, the SHORT MMs will walk the price down daily. The stock closing lower this day, then a little lower the next day, etc.
Like after last (or first) big run-up to .012 about a year ago.
With the clock ticking, appears not the case this time. Holding pretty steady.
Hang on longs--This could get even more exciting if other MMs are going against the MM SHORTIES.
Extra, tighter and even more extreme SQUeeeeeeeeZE.
JMO, Scruffer
With so many shares short, MMs passing shares won't provide cover.
It appears, an MM (or more) may be shooting (going) against the SHORT MMs.
Many times (or most times), when UOIP trades lower, a small vol trade will occur back-up to the ASK level (or close to it).
Typically, the SHORT MMs will walk the price down daily. The stock closing lower this day, then a little lower the next day, etc.
Like after last (or first) big run-up to .012 about a year ago.
With the clock ticking, appears not the case this time. Holding pretty steady.
Hang on longs--This could get even more exciting if other MMs are going against the MM SHORTIES.
Extra, tighter and even more extreme SQUeeeeeeeeZE.
JMO, Scruffer
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