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The closing price on Friday 23rd when that monster trade was booked was 8.10. Massive trade after hours at 8.27? Could easily of been a buy guys. Would mms of paid a premium over the bid after hours I think not, usually the other way around.
Looks and smells like a buy to me.
Don’t think it’s a pump and dump, looks like a good old fashioned bear and bull scrap to me. Plenty chunky buying still along with the selling, don’t think seller is out but does look to have slowed considerably so possibly running on fumes now. Tr1 time.
The problem for the shorters is, there is always a very rapid domino effect, once a few have bolted then the others don't want to be left getting it called in once the squeeze takes effect.
As for the minimal M.Wace increase i have seen them do this before to create an illusion of short pressure while really they are closing the main short rapidly., its one of the many dark moves the big boys play.