Initially, CFGN and PAUL ran the SEDO and XCUR show, and are the first MM's on ILAL. So ILAL is in good company in that aspect, but the price ran away so quickly, literally only took 10 mins to go from .50 to $5....lol. Not very well orchestrated.....bc now they have to keep lowering the ask. SHould have been at least a little churning in the .50's, maybe even started @ .35 or .40, would have made it more interesting.
Still waiting for one really well orchestrated monster run on a new issue in 2019, FCOL has been pretty darn good, but has certainly had some hiccups as well.