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Wednesday, May 27, 2020 4:19:15 PM
In doing so (artificially halted the rally temporarily), they hoped more investors would sell and they would be able to collect some loosen shares, but it seems from today's trading, it is a difficult endeavour.
Now the only hope for MMs to locate cheap shares is for Linda Powers to do some stupid things; on the other hand if she can follow through regarding anticipated data lock, etc. The share price has no way to go but gap up again, again and again until up to a point where many investors are happy to unload some of their shares.
So right now, the tricks are there are forces (MMs) trying hard to pry loose shares from shareholders like retail/Bigger, etc, while there are also forces trying to get in opening up new positions, or accumulate shares. All wait for next big moves.
Linda can make things happen quickly in either direction. We shall see soon enough.
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