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Friday, January 25, 2019 3:25:24 PM
Not many Longs left holding at this point besides a few retail investors that were suckered into holding under the pretense of getting $20+.
Seems the MMs are allowing this to run a bit into the close so the Shorts can accrue large positions up here before driving the stake into this devil's heart and pushing prices back to the low-$2s next week.
In all honesty, who really wants to be invested in the lowest level of the capital structure when a Recapitalization is staring investors in the face? Only crazy people.
#PreferredLifeIsGood
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