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Re: Red Lion post# 20908

Monday, 06/11/2018 6:17:46 PM

Monday, June 11, 2018 6:17:46 PM

Post# of 63455
What? Nice try trying to educate you on how things work?? MMs shorted shares on the ask, look at the link I posted. The data is real and reported to FINRA daily. Whenever short volume is high (which is not the same as short interest), the market makers attempt to drive the price down the next day in order to cover; they don't want to take a loss, so obviously they will work hard to get the sell off.

Most of these shares shorted are naked, so they have usually 1.28 days from the hour that the shares were shorted to deliver back to the broker. So their option is either to get you to dump to get those shares, or to buy them back.

If no one pukes it up and we see continue buying pressure, then we get a short squeeze. Though, this often does not happen. Usually when short volume is low, MMs will let it run since they don't need immediate cover. So what I'm trying to say, is tomorrow is a good day to fight back and attempt to get the squeeze....usually retail just fails to do so since the MMs are willing to short more shares in the morning and when afternoon roles around and buying is exhausted (like we saw today) the MMs try to bring walk it down. This also explains why we saw some more aggressive down paints near close.

It can also not be MM shorting and can be retail, but that is less likely IMO.

This also means, retail was not selling today. Just MM's floating air shares. I was laughing because we have a chance to REALLY turn this over on the bears if this continues.

Common sense here.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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