Alto Group Holdings Inc fka ALTO

[tvmetguy]

Week 2 thoughs

This run, or volume started 5 sessions ago. Over those sessions the MM's have shorted a total of 65M shares. Those shars must be covered. Since the accumulation line here is much higher than before the volume came pouring in, that means the MM's have a net outstanding short.

MM's don't acctualy get whacked for a failure to deliver fine until 5 trading days after the short, meaning they have 5 trading days to cover from when they do it.

Last Friday they shorted 25M shares, and thus, they have until the end of tomorrow to deliver those shares. It goes on and on.

This Monday they shorted 16M shares, they have until the end of next Monday to deliver those shares.

My point is, from the looks of the accumulation line, the MM's have a lot of buying to do, with a maximum of 65M over the next 5 days.

We good.