Fellow longs, here's what I think is going on here
Post# of 1525
I'll leave it up to individual investors to speculate on the root source of this, but I think there must be a large standing order (one or more) to fill at "best price." This would explain why the MM's are working over several days to keep the price down - repeatedly blocking the ask and moving the block from one MM to another. Note that there was a T-trade in the range of ~180K shares recently, and the price was near the HOD. I mentioned to someone at that time (PM? not sure) that it was unusual to see the higher price hidden in a T-trade like that. We know there is no dilution going on, and something else has to explain why 2 MM's hid those trades in a T-trade.
I believe the MM's are accumulating a large share quantity for a standing order (or more than one), adding a million or more shares daily - if/when they can get them. Someone may be trying to buy up any loose shares from the float. Or maybe they want the float? Something of the size I expect - maybe 10 to 50 million shares, or even more - may take quite a bit of manipulating. Will be interesting to watch this in days ahead, knowing what I know of the number of shares currently being held by just a dozen or so long shareholders who I keep in regular communication with. Good luck to whomever it is. See you on the topside with all my shares