Ubiquitech Software Corp (UBQU)

[80 bluchip 20 pot]

yes, that's a classic naked short. sell at 7 (down to 6 at most for max profit cuz if you sell at market you might crash into 5s and break even on them)
drive it to 5, tank up at 5...wait.....for others to buy up to 7, repeat.

but what we have going on would be more difficult for the whale for two days at 5/6 spread is 1, and buyers to 6 were 90%, buyers at 5 were 10%. whale is not tanking up on the 5s for the rinse and repeat.

now today there was a sell from 7 (at market I'm guessing) cuz it flushed to 5, then we broke 6 and now at 7/6. , and most buys are 7 not 6.

so MMs are hoping to tank up again at 6....(I'm patiently waiting with my good til cancelled bid at 5 which has yet to fill for weeks) but I'm secretly hoping I never fill it.

I just don't see how big MMs are getting enough at the low end to continue to keep the 1 spread cycle going eternally....under the present week's dynamics.