I've noted two folks calling this a POS always a POS and Always after the first two hours of trading...the time when most people give up and sell...
I clicked on one's posts, one of them does a lot of banking stonks looked to me like wall street banking stonks.
as always, scratch PMs me when I ask "scratch where is CDEL on each side of the trade?"
scratch says 80% of the time "#1 on BOTH SIDES!"
so I'm guessing CDEL has an intern or lower broker guy watching the board and this is like the ONLY message board.
watch the market red. check
make big ASK. check see if apes slap it hard, if volume over a billion, keep it in trips. but then make BIG BID 1 tick lower
wait for apes to go ?? why this not moving. oh well bid growing. sidle on up to the bid.
remove bid, SELL at market WHAM
reset big bid at 5 after all gotta get them shares back.
post on message board "UBQU POS"
rinse and repeat as necessary.
why isn't it working so well nowadays?
1. squeeze 1.0 in January
2. now we know what citadel is and what to do
3. BUY AND HOLD. sure they might even have 1B+ shares but if they can't recoup on the circular, eventually they run out of ammo
4. today the S&P is like -1.7% sea of red. AMC & GME?....up, hell AMC may go +5% or more today...ain't looking like shenanigans will last for long
and most importantly
5. the twitter pumpers are whales with tens of thousands of dollars. they tried the traditional, slapped asks at market for billions drove it to 12 and ?? citadel drives it back to here.
ok fine, whales still say UBQU IS the play. but if they can't drive it up with buying pressure, let's just sit on the bid and let citadel play ape bowling with some serious slapping in power hour.
imagine what hell citadel will have to pay on those green buying money in markets days.
and of course, when UBQU goes current ticker changes and alll those shorts have to be bought and that ask cap has to lift :)
