ON TOPIC: UBQU is down to 000001 today imo because of kenny's crime nothing more.
:explanation.
ya. anything sub 0001 is citadel's or a mm's algorithm selling, since we cant.
also it was like, a tiny tiny amount like 5000 shares. it's just an algo saying we're at the bottom of the cellar and for NOW they want it to say that way.
warning: do not buy over half the volume on a day. doing that can get you a call from your broker.
with that being said, I practice my usual. so I made 3 buys, each for varying amounts from 25K to 175K.
after they cleared, they filled for the entire .0001
so I do expect like in 2019 we'll readjust on REPORTED pps either later today or tomorrow.
but since we are in the cellar, we are at the very very caboose of the train, and kenny wants us to stay at 0001 and even demoralize us more by havintg the otc take it's very sweet time updating the PPS. that's the reason these present price movements happen, even on a positive S&P day.
of course right now all they are doing is bull trapping retailers buying calls ont he S&P during the earnings call days of microsoft apple etc. kenny's pump darlings.
so today the fact the S&P is going up up up and UBQU is 000001 does NOT upset me. also my memes are up up up but that's kenny's cost of doing business and the options will all expire out of the money on friday .