What's the probability that at least 500 people own 1 million or more shares of this company?
I think the MMs are trading with each other or playing with themselves on this one. Notice we have not had huge red candles in the mornings after they go ahead and gap the price down before trading starts.
That part is very fishy to me. Naked shorting from somewhere may cost someone bigly. I have no way of knowing how many shares were actually dumped by retail or tutes yesterday. But I think the likelihood that much of this float remains bought and held is high. Add to that the company buying back (perhaps hundreds of millions) shares, we may be setting on a rocket at T-1.