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N FLA | Rumor has it itsfalling on extremely thin volume. It's one hedgie selling another hedgie shares, at an agreed upon lower, falling price price.
It's like if you sold your neighbor your tractors this winter, to prove to John Deere that tractor prices are too high. Your tractor prices would in fact be evidence of a lower market. But it wouldn't change much unless JD got scared and decided to lower their prices.
The wsb guys call it a ladder attack and are pretty convincing it's illegal and not working. | |
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GameStop....
