It’ll be harder for MMs to cover at lower prices if there’s a consistent buying pressure. I just bought more at the ask. I don’t mind being a ‘sucker’. My goal is to lock away these shares for a long time so MMs have less to play with.
I know I reduced the float by very little today, but if we longs all do it at some point, we’ll make a difference in reducing the float by taking shares away from MMs and shorts. Happy bidding, whichever your trading strategy is .
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