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Re: Ripdog7570 post# 14288

Friday, 02/10/2023 3:42:26 PM

Friday, February 10, 2023 3:42:26 PM

Post# of 21793
What is disheartening to me is when the volume is nearly 140M and the pps can't hold 4s!!! Without MM manipulation of the pps, many of those shares traded today should have eaten into the stack of 5s available.

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.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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