If it is typical, it is typical retail not MM. “ typical "day after PR-takedown" & erase of today's green, pushing us right back into the artificial .045-.049 channel. “
Today's action really shouldn't have come as a shocker to anyone who's been here for at least 1.5+ years. The pattern does not and has not lied since it began. The day following a PR is typically kicked off with one of those "cliff-drop-takedowns," followed by locking in place the desired artificial ceiling (in this case .05) as shown in mini-chart below. Never fails...
In addtion, we now have INTL dumping unlimited shares via one of their magical 10K asks, as well as PUMA back in the mix after their 1+ week vacation.
With everything going on here and/or everything we're speculating is going on behind the scenes, my # 1 concern remains "why Charles is still sitting on SEC Reporting?"