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Monday, March 04, 2019 11:11:21 AM
I am thinking that Friday's 200M+ dump was a MM.
noticing some newbs coming in marveling at the ask cap.
I also could be wrong, but I'm guessing MMs made a play to scare up more 1s. they have about 400M 1s, and they put them all on the 2s to get quick 100%
and so far, no more dump machine. and, the PR which I originally spun negatively, turned into a positive spin on the board.
sure, only 50M so far today, but as typical without a dump, accumulation is in the upward direction, no new slaps so far onto the 2s.
without the dump, the MMs don't have the chaos where they can get the next level down.
too much damage to the stock so far to get those that tanked bigly to tank so much more, so their hopes to make 100% quickly isn't happening.
I agree, launch happens, probably not today, but if no big dump from ballas, eventually the MMs will realize they can get 200% by lifting the cap to 3
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