While I am transfixed on L2, some may be interested in how I derived such a prediction.
MMs are ruthless. THEM making money is their priority, not yours.
Big volume is where they make a killing. Turnover. Lots of them. They make $ on all of them. So when a ticker spurs large volume (like LAHO) they jump in with both feet. Don't kid yourself, they try to make the high volume continue and even greater. Money making machine.
LAHO chances for pps gain is real and possibly tremendous. As a result, volume has been above 100M trades for days now.
MMs game in keeping it active is to manipulate the flow. Up and down. Up, makes newbies jump in as well as holders to consolidate even more. FOMO is in full gear in this scenario. Down, well, stresses fear and greed. Peeps fear losing bird in hand gains and other traders, because they see opportunity, jump in to get "cheap shares".
MMs loving it. Up and down makes their pockets fill.
Down today seems obvious to me.
