Most importantly folks that is why we have to babysit it to protect our interest and force them up by sitting on the bid or jumping it. Did everybody see today where they followed suit? Not because they wanted to but because they had to because us holders closed the gap on the bid ask and he couldn't whack the bid in his favor.
I don't really go to far with this because many don't get it. For one that 100 share trade signal was no joke but the 1,775,000 was, even at the ask. The seller didn't have it to sell which means they are going to pull down as hard as they can tomorrow or the next day to cover. The MM was screaming that he needed shares and we blocked his routine. He couldn't get in front of what was already there.
Here is the goods. The RSI is ready to cross the line indicating an upward momentum. Compare it to the candle sticks and you will see what I mean, they follow the same trend line. They are covering as hard as they can and have been. When the MM indicated that he needed shares, he meant it. This is the FINRA for just today.
20110524|GRDO|1897919|0|2306319|O
As you can see nearly 1.9 mil were short. He simply didn't have it so he is relying on your fear because nobody is selling to cover his own ask and has to do it before the end of the month. Only 400,000 were actually legit.
Think about it, who the hell would sell right before a R/M unless you were tricked.
You can better believe they are going to attempt to burn and turn tomorrow and in a big way as his time is running out. If we can keep that bid/ask honest and an announcement comes out, he's going to get squeezed big time and have to trade up not down and take the loss himself before it gets out of reach and why shouldn't he if he's the manipulator. Those shares were sitting there today but he simply wouldn't do the uptick and is going to rely on spooking people instead no matter which way he can.
He was going to put a large amount out as a decoy then whack the bid if he could then become the bid no matter which way you look at it. We closed the gap to where he had no room so it created more buying pressure than his artificial selling pressure. Our resistance is 0022 and the only reason why we are any lower than that is simply because the MM isn't ready. Well 2 can play at that game or 3 or 4 or 5. We need to work together and "put the pressure on the buying" It's a first come first serve at the price. Help me help you and we will ride it out until the announcement without them digging a grave for honest investors or day traders to fall into his trap. It's just a game and there's always a winner and always a loser. Short squeeze comming up. Keep them honest folks. Reap what they sow.
As always your own DD is required especially on this one.
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