$MU $SNDK A ladder short chart... red blue red blue red blue green blue red blue.....and on and on.
When you see a chart going red blue red blue, like I have on my chart, that is a ladder short. They sell short, then buy back just enough to close the short, then reshort the stock, and do this over and over until a target is reached. A ladder short is the clearest indication of market manipulation. It is someone saying the price is here, but it should be there so I will take it upon myself to move the price, but when I am done, my position in the stock will likely not change.
Unfortunately market makers are not making this expensive to do. They are not providing near enough liquidity to prevent it. If they provided 5x the liquidity this would not happen. Some stocks, market makers do that. They throw a million shares on the buy and the ask making it prohibitive to move the price up and down even a dollar. Market makers should be doing that with Micron and SanDisk.
@neppy Yes. Right car with the right spec generally holds/maintains value (or grows). Also, it can grant you access to people you’d never meet without it, depending on where you live.
Based on the losing streak #NVDA has been on, leading up to their earnings report on Wednesday (08/28), I think they’re going to pump hard - launching everything up with it #MU#SNDK#DRAM
Just an opinion.
@thegarybrecka Let’s see:
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