Nothing happened except short selling and borrowing, remember MM's can legally naked short, meaning put the shares back in the float at the closing price without the stock owners knowledge it was borrowed, or holders can even approved and share some of the profit by agreeing to borrow their shares. I did not agree to let mine be borrowed when Schwab asked.
Another nice dividend in August may send it north to a new yearly high,...
but I will flip long term lots and rebuy if it stays down here till yr end. ECTM is a CASH COW for me.
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