I've posted my opinions earlier but basically Fife's 4 entities (each controlling 1.1 Billion shares are likely cross (or wash) trading large blocks ('matched trades only') of 30-50 million shares to give the appearance of high volume interest from retail, or LRS, or?
It likely fooled enough newbies (and maybe some veterans) to jump in and take out some of the former bag holders who had sell orders in.
Read my posts from late Jan on this.
GLTY and JMO
Please help save the earth. It's our only source of chocolate.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.