Tuesday, November 30, 2021 12:46:00 PM
-Longs not selling
-Some longs are buying, but probably smaller slaps at this point around the lower core position. Its a risky stock at this price point if nothing materializes, as you know, significant catalysts are needed to generate new buyers and for it to move.
-MMs trying to drum up volume by lowering the ask here. Capable longs take advantage, but since the float is locked, longs by ourselves cant make it move.
Need major catalyst to break out of this. Just how I see the action, and my opinion. I have no idea if any of it is fact.
Right now it looks a little ugly, but only if you follow every day like us.
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