The stock is getting ready to consolidate for the next leg up. Shorts are attacking the stocks as usual which will make the next leg up even more interesting, if you know what I mean.
The idea that GE is shorting his stock borders on stupidity. Let's say he shorted all 1 million share that traded today, and the trades you're seeing on L2 is fake because MM are in on the take, he would make $885,000. That is a piss in the part for a Billionaire owner. If you think small like this you are not going to make a lot of money trading stocks.
The second idea that he is walking it down before the ER is far fetched. Another conspiracy theory. The whole idea is for the stock to continue to go up and ER serves as a bigger catalyst for pop. Just another silly idea.
Do not sell your shares, the stock is showing its ability to run despite some profit taking and a short attack.
Good Investing,
ValuHunter
