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Friday, May 26, 2023 7:44:03 PM
<<<<<<<<< most trading for the day are betting that the price is going down >>>>>>>>>>
A lot of Market speculation is guessing about what will happen or the ramifications of what just happened.
Yesterday we had FINRA statistics giving us a clear picture of what happened. The sellers of 97% of yesterday's Trades, Market Makers, did not own the shares that they sold.
Any stock on the planet would see their SP drop if 97% of their Trades were Naked Shorting.
MMs are not just "betting the price is going down" They are Shorting to Drive the SP Down, a Self Fulfilling Prophecy.
Wednesday the 24th with Shorting at only 2.8 million shares out of a 10.2 million share total volume BIEL moved up from 4 up to 5.
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