Cascadia Investments Inc (fka CDIV)

[Andrew26]

I agree that if many flippers would in theory put a sell order at the same place, they would slow it down. More likely its MMs take advantage and support them to with some shorts and we go down for some time, sometimes even minutes only.
But I really dont think flippers play any serious role here and Im convinced its definitely not flippers that create the sideway trading. MMs choose a point and wait how many will sell if they shake the tree. Flippers after such a run will, that will create that sideway. This is my point of view, thats why I say the chart is created by MMs. If they created 0,38 as the top and not 0,48, Im sure we would have it.

Anyway, now they are in a very bad position being overshorted, no strategy working... we all know the story here