Watching the Big Bank show here like most but chart wise must hold $8.60s range and now there are 4 days of sideways trading but slanting towards the 50 day moving average. It would appear to me that the Big Banks such as JP Morgan did there dark pool trading so that they can make money as the short squeeze progresses. Blowing another hedge fund out of business is not a big deal for Blackrock Goldman Sachs Morgan Stanley JP Morgan and crew as long as they make $billions while there at it with unlimited Fed printing as a backstop.
So if this rolls back to $8 wouldn’t be to concerned short term. One step at a time.’
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