Yep, that's exactly what I was seeing and have seen it so many times over 30 years of trading pennies. MM's are always in total control, until the rare occasion they aren't ;)
Looking at the short report RGBP August shorts has nearly doubled from the end of July. It looks like mm’s have been shorting heavier the last few weeks to try and slow the run down as the volume increased because of all the attention, filings and patent news RGBP has been getting which has caused more buyers and higher volume the last few weeks. JUST AS SUSPECTED RGBP SHORTED OVER 51% Friday, 56% Thur. 68% Wed., OVER 62% TUESDAY, OVER 50% MONDAY, OVER 55% last FRI AND 57% last THUR. AND REAL HEAVY THE LAST FEW WEEKS! GOOD NEWS is MM’s will have a hard time covering as RGBP drops News, Filings and the volume picks up Bigley!
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