Tuesday, December 11, 2018 5:28:35 PM
1) These people must truly believe this thing is going to fail hard and they are greedy not wanting to cover down in this range.
2) We are seeing some serious games being played. Some days of buying make it sure look like there is covering and it makes you wonder if it is just being covered, shorted, wash, rinse, repeat all in the reporting timelines.
I think scenario 2 is more unlikely and I'm glad. Those people believing this company is going to fail and keeping open large short positions will soon learn. The days this thing runs, the MM's do it on very little volume. If something happens to hit before an open some morning, look out shorts, MM's may have no mercy on letting it go.
Glad I've done my DD ;)
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