So you're already built in a fake reason for ELTP going down today IF it does.
Interesting. Pure speculation that relies on more MM conspiracy, but interesting.
How about this? Let's say people irrationally react out of fear to events they perceive as negative. They see other people selling, and decide to do so as well.
Selling starts, causing a price drop, which triggers other to do the same, creating a self-fulfilling prophecy.
A massive sell-off happens, stocks fall sharply, the market then corrects. People buy back in.
Look Mom! No conspiracies!!!! Just regular ole market forces and human behavior! Wow!!!
But no, it's probably MM manipulation. Naked shorts, criminal behavior, etc.
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