Movement Industries Corp (MVNT)

[SooS416]

Just means they are not shorting, and the low/lack of shorting is not odd in and of itself as with a stock with continued low volume MM's will tend to not be active as there is no volume for them to play with.

The odd thing is how this is trading and the lack of shorting, the undercutting the ask, the fills at 5-6 decimals, the 10k asks that get hit for 100k and don't move and so on. This is typically seen with shorting, so seeing this action over and over with no shorting is very odd.

Again to me it shows someone is loading like crazy, or at least trying to and is controlling the action, pushing it down, trying to keep it down and attempting to cause panic selling and wear down retail to eventually cave in, even to the point of repeated periodic large market sells to take out all bid support to take the bid down to the low .01's

No doubt in my mind that is what that 6M trade was, it was a trade to themselves, they had a large enough order to ensure all bids were taken out and also had a large enough AON order in place to soak the rest of the order