Friday, November 30, 2018 10:17:30 AM
It should make a little bit of sense at this point. The more the stock is shorted, the more shares have to be covered. (50% shorted 11/28 & 11/29) MM's want to get as many shares out of their "pool" as possible and at the same time, they want to get as many shares as possible for their "pool" so they can be ready for the next wave of volume. As noted in the previous article, MM's would rather wait until the stocks "cools off", so to speak, before they cover. This way they can drive the market down on low volume and cover when the market is in decline. Just keep a close eye on the Short Report and it can help gauge what the MM's are up to. I understand that it's not just MM's that short but it is the VAST MAJORITY by NO COMPARISON.
OTC Short Report
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