Remember, I only said test. If my guess is correct, MMs are now covered enough to take NVMG considerably higher before testing the patience of new longs, just like they just finished testing the present longs.
Odd as it may sound, MMs are in atleast 1 or 2 ways, very similar to the rest of us: they need confirmation before they will 'invest'.
In their case though, they are in total control (thanks to the SEC) so when they see a trend (.025, .0235) they want a piece of, they can say, "wait a minute, let's back this up, shake out a load of weak cheapies (.007-.012), then take it back to where the majority were gonna take it anyhow".
If only the rest of us were the gods they are! Hosanna to the highest (of corporate criminals).
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