They don't need to short right now. watch the level 2 - as soon as we are super consolidated, NITE & CDEL will put up a 10-20k share on the ask, knowing impatient traders will sell slightly lower than ask, putting downward pressure on the price. Weak hands sell into the ask-wall and cause a drop, then CDEL & NITE buy the shares low just to throw them all up as an ask-wall at the next critical level &start to process over again.
Rinse & repeat until all the weak hands are gone...
I'm buying chunks of the large asks when I can determine its NITE's blocks.
GLTA w/ play your own rulebook.
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