be patient

TODAMOON
2021-07-21

May 21 = $6.93. Then slowly short squeeze started. June 8 $22.13 climax with 735 million shares traded. AH $28.50 on additional volume. Q:- who sold on June 8 ? A:- MMs. Their job is to maintain liquidity. They buy and sell for their own account to keep markets liquid and orderly. I suspect they ended up with huge short positions at various prices between $6.93 and $22.13. Right now they are mopping up whatever little may be available to close their shorts. It may take several weeks to several months before they are completely off hook. Be patient. Don't be shaken off from your positions due to fear or greed. $Clover Health Corp(CLOV)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • YJ1990
    2021-07-21
    YJ1990
    meaning??? to the moon??
  • 风雪腊梅
    2021-07-21
    风雪腊梅
    [捂脸] [捂脸] [喷血]
  • 埃及妖后
    2021-07-21
    埃及妖后
    X4 in aug?
Leave a comment
3