$AABB they want that $350 Million profit if they cover at .11— remember their average is likely around the 200 DMA of .135 and if the price goes over that instead of making a $350 million profit— they will incur a loss. They will do everything in their power to get that $350 million profit— they will fight until the very end until they are forced to back out when the price breaks 30-50% upwards against their shorting pressure. mm’s never ever step back and run unless they are absolutely forced to. Because most of the time this works in the end for them, very rarely does the retail base have such a high level of conviction that regardless of how much they drop the price retail stands firm.
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