Option Millionaires

[MNYC]

You really think it's the "evil MM's" legend and that there's a conspiracy of market makers that can control the stocks like that?

I usually think there are other factors. In SINA for example it was influenced by BIDU's run before earnings Monday which are expected to be positive. Generally these two influence each other.

So there were many shorts covering in SINA and then it triggered a squeeze.