There are no (retail) shorts in the Pinkies. The retail can't short the Pinks.
an MM can sell shares that they do not have, in order to create Market !
That's how an MM can become "short" . Then they manipulate the PPS down in order to cover.
NOT the cae with CWIR !!!!
in CWIR, they have been leting the PPS go up to where the flippers and profit takers are willing to part with their shares.
what ETRD was doing today was, that "he" put up an ASK equaling 50% TOTAL volume at the time, knowing damn well that no one will buy his 5,500,000 shares at 55 at THE time. "He" did this to STOP the rise, so the "HE" can KEEP accumulating from those "locking the profits" below his Ask of 55. Maybe it's the same person who bought 9 to 12 million at 20 and 3.4 million at 40 !
anyway, "He" WAS successful today and was able to buy more in the 40's
were we to go ABOVE 55 - 58 before his 5,500,000 at 55 showed up, another run into the 60's would've happened = many are ready "to get in" !!!!! but are still only watching ! as Phantom4 was while bashing and Wizzard bought in at a higher price then he sold at !
Here is just one of the bashers that turned Long yesterday ...... LOL
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