Some thoughts for the day....
There are way more shares short than are in the OS, and I believe we are getting close to the amount in the AS, IMO.
I think the MM's are changing their strategy up a bit. A drop back to .0001 will prove me wrong but I think that their intent before was to create doubt by keeping the price at the bottom. But, it's such a low risk gamble down there that too many people were buying. So they bounce it around a bit, they pick up some shares from the flippers, and now if they keep it at two they will keep a lot of the buyers away as they are waiting for 1's again. I think they would best serve their own interests by upticking this thing even more. How many people would flip at .0005, and then based on the bouncing we've seen, I don't think we would see as many buyers there.
I think that if we do see any variation from the strategy we have seen used here it could quite possibly be an indication that the MM's are starting to get nervous.
I don't think they are that concerned about covering. Even 5 billion short, I think they would easily cover their position at $1 a share....and a $5B loss on one stock against the $ they've pulled out of others is still a pretty good take.
I was thinking this Wednesday, being Christmas Eve, would be a great day to announce that the MM's are screwed, New Years Eve too, but Christmas Eve is better.
AI
