Largest concern on the day is the fact the MMs are not showing all of the actual shares on the ask. Liquidity appears to be very high on the ask as MM continually reload the ask...whether this is retail or not, it only leads to fear that those that are in the red will not get out of it anytime soon...
The just executed 5M trade while only 2M is broadcast on the ask, yet it still sets there is extremely troubling.....appears the ask is flush with shares and given the MMs are not accurately portraying counts....going to be nearly impossible to ascertain the liquidity and ability to generate any momentum...
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