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Friday, March 17, 2023 9:45:26 AM
look the shares out there are 29 Billion. the ask is 700 million. so maybe 3% of the float.
the lenders (GPL) don't want out. they want this to run SO THEN they can dump. they can't dump to 000001
sigh. I'll say it again for any newbies and those who aren't paying attention. GPL doesn't own shares, they want to sell shares. so they would want the true owner of this stock to run it up. that isn't retailers, because if they were, they'd be as scared as the bears and be stacking the ask past a billion.
market makers own the majority of shares. jsut enough placed to stop FOMO from the retailers. they want to control the stock. they have an algorithm running it.
right now the fed is cheating yet again by bailing out the banks. so we start to run UP....and then we get slapped back down when the fed hand the banks printed money and they get right back to loaning it to the market makers who control this stock. they probably want this stock to go to expert, but for some reason UBQU filed and the fins look horrible, increased debt but they want it to stay valid. I think that's because GPL is now at odds with wall street. GPL controls cannazall, so they decided instead of forcing UBQU to default, they decided to wait for the bigger criminals on wall street to fail. which I believe they still will fail, up there on wall street.
we look a lot better on the days the markets look froggy. it has nothing to do with the "lenders" wanting to sell.
I think at best, retailers or at least the ones crowing here have 5B shares MAX combined. the whale retailers not crowing here probably are just holding. and focusing on the A league meme stocks for now.
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