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Re: trader59 post# 11068

Friday, 04/30/2021 2:56:06 PM

Friday, April 30, 2021 2:56:06 PM

Post# of 13959
The MMs have already won half the battle by dropping to greys, and most retail will lose if the company doesn’t put anything out before Monday.

So why not be honest and let many newbies know that there is no shorting allowed in greys so they can lessen the blow by not panic selling at open as short positions will have to be closed.

The MMs will start with a low ball to see if they get any rookies to bite to match their covers, if no panic, they keep inching up. So rather than lie and say no shorts, why not be honest and say yeah there is short MMs that need to cover and can’t short it any further in greys so they will have to finding matching sells. The MMs will be buyers and they will be fishing to get as low as possible. If they go too low, then it’s a buy at open to push them higher.

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