Hi al, been reading every day. On vacation in Oregon. First let me say one thing about HIS. They are trying to walk NLST down. Using programmed algorithms,but not to short NetList. HFs are buyers here. They ARE in trouble and will have to cover soon for the biggest squeeze in history, $AMC.
So they now resort to buying a stock with the potential to rise fast and hard, NetList. It tells longs the true potential of NLST. HFs will use the gains to try to offset the loss when they cover.
Simple math. Many HFs will still get vanquished no matter what they do.
They did it with bitcoin and will do it with any worthwhile play. Citadel is in deep doo doo along with other banks. They can only hold out for so long.
So.... take comfort that THEY want to push it down so they can buy as they did on Friday.
NetList baby~!
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