It’s always easy to tell when the MMs get a hold of it because it took 8-9 million in volume in the first 20 mins to push this up 30%, then it only took about 1-2 million to drop it like a rock back to even on the day. They know what they have to do and it will always work that way. Until of course the run comes and there is no stopping it on the right news.
I do not understand how the SP can go up 30% with 8-9 million shares, and that it would only take MM merely 1-2 Million shares to drop it back down to even ... how is that possible?
And: how much of a run will be required to push thru such antics by MM's? And: do you feel that part of the overhead resistance to SP increase has been related to the increase in Outstanding Share count?