Monday, June 21, 2021 2:22:52 PM
Many Technical Traders have scans for the P-SAR Reversals & other Bullish moves, when the P-SAR drops to the Bulls on MJLB, it will start to hit traders scans for starters. When it reverses on Massive news, a Run-up usually starts, when it drops on Good News along with a Oversold Pincher, then it can really bounce bigtime...
IMO, this short did some extreme selling on those two days to stop the P-SAR from dropping, it's just way too close to be coincidence, possibly some naked shorting? Even tho it's against the law, these aholes still find ways around it at times. They have algorithms that kick-in to keep the chart from turning to the bulls...
Toxic lenders/offshore hedge funds, used to use the Berlin-Bremen exchange to naked short US OTCs after the REG-SHO law went into effect, but Germany outlawed it in 2015, they are using other exchanges around the world now.
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