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Alias Born | 11/10/2008 |
Friday, February 10, 2023 3:42:26 PM
What I see is still retail trade and NOT the issue of new shares. MMs are controlling the trade and not allowing it to move forward. The real question is WHY? It is a matter of shorting. MM fees for shorting similar to retail sales, fee income better in letting the pps 'pop' a few ticks with the short supply willing to trade for minimal gain. On and on it goes.
Only a revenue PR will break this cycle. Patent progress does not promote sufficient FOMO to raise the trade volume to the much higher mark to 'stick it to the shorts'. MMs can live with that in the interim. They do just fine.
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