they are going insane shorting amy and jimmy.
and I think UBQU's on the same algos definitely same short strategy.
I watched MARKET MAKERS pull the 3 bid. so I pulled my 250K 3 bid if on friday we are 2/3 I'll give the 3s a slap but....
I went to the 2 bid. 2.2 billion, TWICE what it was prior.
today's 100M move was market makers plain and simple. retailers aren't getting disgusted now. they got disgusted back when we stagnated here last october.
as kiddo pointed out, the float isn't rising. no converters no ballas selling A/S.
just market makers. only reason I pulled my 3 bid is because I have enough UBQU, if they wanna short UBQU more to feed me personally, they have to earn it.
now why did I mention how they are literally shorting jimmy so much now it's short data is heavier than amy's?
long story, but they are desperate to keep the PPS down.
my thoughts are this: amy and jimmy rip again, I'm hoping before jan 21, but It could easily go on for a few more months. but they can't short amy and jimmy too much because the last two times they did that dip buyers bought the dip and gave shorters a new crisis with amy at 40 and jimmy at 200 again.
so I really don't think we're gonna see a lot of dumping to that 2.2B bid on 2s.
and indeed if I'm right, and amy and jimmy start to gamma, if UBQU is connected, it'll "float" up to ....4/5 4/6 maybe but we'll see those same huge asks by market makers BEGGING retailers to be afraid stay afraid. Maybe we'll even see a strong 5 bid (about half the ask) just another market maker saying to you retailers "could be your last chance to sell at 5....c'mon....take the deal...c'mon...please)
as for fundies on UBQU. I like the all purple branding. it's different than the blue green, its just new. at this point in my opinion the more they rebrand, the more they justify their name change (which honestly I believe they applied for a while ago and the SEC is being BEGGED to slow walk that change to as slow as NEVER because a share recall on UBQU would be disasterous for the shorts.
but in my opinion, nothing has changed in the UBQU play as market makers play with themselves, just to drive the PPS down a tick. as I said before they wanna short more to give me my 2s, fine, have at it. if not, I'll slap the ask mid day friday.
I hope I'm wrong in one thing....I think they will short down the next run. but maybe the next run gets us above 10 and keeps us above 10. oh that would suck for shorty.
