Follow the Bots and you will have you answer. These machines do not have minds, just programs. They play for tenths of cents at times. With this large float, they can have a field day.
Everyone is selling to drive the price down. MMs know that a steady climb will occurr as we get closer to 2Q earnings PR. So, they are going to drive the price down to cover and pick up shares of folks who are not long and scared. Then they are going to make millions again....rinse and repeat after the 2Q results....it is a no win for the longs for a long time...
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