RE: $190021 Feb 2022 09:13
As long as JPM et al have that 'short trade' in play, I'm expecting the price to drift lower day by day so that they can flush out as many weak holders as they possibly can.
Remember, all these US banks and financial institutions have now little or no risk when it comes to market shenanigans nowadays as they are backed by the FREE dollars printed by the FED, and more importantly there is no emotional attachment either !
JPM and their mates could quite easily take this stock back down to a penny if they so wish to do so, its not completely out of the question.
I mentioned a couple of weeks ago to leave buying orders in the market, even at silly prices so at the very least we can all fill up the bid side of the book.
I still have my limits in place GTC.
:)