What confuses me a little is the covering of all those short orders.... I mean this has building up for a while now. If holding shares, and stacking your limit orders with your account, can the MM's still borrow on 30 day or 60 day sell orders?
I am just saying that it seems like the ask can "be slapped" by enough people stacking their limit orders high enough right? Almost like an exit strategy used for several thousand shares that may have been purchase at different times/prices.
Shorts covering? There's no trading. They'd have to be buying shares to cover, and right there is nothing going on. Over an hour between the last couple trades?
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