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Re: art2426 post# 315023

Friday, 05/26/2023 3:17:36 PM

Friday, May 26, 2023 3:17:36 PM

Post# of 331138
Thanks for bringing up the subject art

Most importantly we need to look at Thursday's Trading to see how the 4Bid/5Ask, which has been pretty stable for weeks, was dropped to a 3Bid/4Ask.

Total volume on Thursday was 21.450 million shares of which our MMs felt the need to Short 20.844 million shares. This means only 606k shares, of that 21.450 million in trades, were actually backed by real shares.

97 percent of yesterday's trading was Shorting. Along with the 37 trades, at 4.999 shares per Trade, to Sell $61 of stock. Is anyone surprised that this manipulation resulted in the drop to 3/4 ?