Decided to come and join you guys over here. Been
Post# of 22456
We have what appears to be 2 mm's CSTI and CDEL that want this lower. Is there a short? don't know, but sure looks like it with Rcranga's little show on ihub.
What I've noticed is csti will press this down by controlling both sides of the box. They push little by little(small trades) until ARCA(our seller for 4 months or so) shows up. They know Arca has stock to sell so then the buying kicks in a bit. Nutshell analysis is CSTI/CDEL push until ARCA shows up because they are the only ones willing to sell anything of size. Short cover or just wanting to load cheap shares because they know that QMC is on the verge? I don't know but these 2 SMALL mm's seem to be the only players for the most part. Rcranga may be involved trying to help, who knows.
What I do know is they ONLY way for us to stop this is BUYING!
I know its Christmas and all but we would all feel better if we could get this price back up a little before January.
just my thoughts/observations.
disclosure: VERY long QTMM