Those MMs are known dilutors. Did not say diluting was happening. ALPS may not dump on Bid but rather absorb any hits on the Ask with an undetermined amount of shares.
ALPS is "usually" not good news. They are a popular broker dealer to toxic lenders. That is a fact.
I know PNNX has not diluted thus far. But seeing more of the "bad" MMs does not look good. Something is up and we will find out soon.
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