Replies to post #12365 on AmbiCom Holdings, Inc. (fka ABHI)

[HallaDurg]

Good theory. I think thats likely. I was surprised to see a 55% retrace in one day after that news. Think we move back up today ABHI

[BIGPAC]

Yes. Exactly it.
We run up today after they finish covering if it hasn't happened yet.

[TenKay]

"better explanation imo is that the MMs did not have enough inventory in the last pop to meet the huge buying demand (over 220m). In cases like this the MMs provide liquidity by selling short, and cover later at a lower price."

I will stick with the correct explanation.