I have been tracking double prints here for 6 months it's been hard for retail, including me, to build a position here. A lot of times, if you watch l2 trades, it will execute between the bid and ask with neither changing or getting filled.
2 days ago I posted a screenshot of about 85k shares executing 20 cents below the best bids that did not fill.
Yesterday, there was a bunch of duplicate trades, and the large one I showed because it filled one bid and printed a duplicate at the same time and size. In one sequence, VERT accounted for 1.2mill of the volume in what appears to be synthetic shares fake shares, and we still closed near hod above the scene of the crime where they shares were sold.
That's 1.2 just from today alone that will need to be covered by VERT. Now imagine how short VERT and co are from the last 8 months ago couple that with the fact that we are in blue sky territory again after all their actions this is part of my thesis why this makes a dollar run. All these shares have to be covered had for them to do when a few market makers are short so many and retail is still trying to get in.
8 months now, every dip has been bought, which is why we are above the previous high and will be setting new highs.