They are probably just trying to make sure this continues steadily rising. Ultimately the MMs can multiply the gains they make in a trend by trading in and out at beneficial near-market prices.
I can't imagine that NITE will hold it here much longer, though, we have places to go, profits to see.
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.