Do you all see that 411 signal on level 2? Well, it's a signal by the MMs that they can't hold it anymore. Paint it as 411 to indicate that the covering is over and the 411 is the signal. They are done covering their shady deals and now they are ready to make some small change. Remember the short squeeze covering was happening between .019 and .022, therefore they will let it move higher than where they covered at in order to make money between the spreads. We should see a significant uptick IMO. The merger pressure is waaaay too much for them to keep this down.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.