Jun. 8 at 3:34 PM
$LCID this very well could reverse hard this afternoon.
The reason why is you need to understand the game they rigged with
$BAC . It’s all about them making money on channeling and expiring options worthless. And
$BAC uses their 35 million shares to do this. Their main mechanism is expanding or
Collapsing lending
So today market opened with 200,000 shares available to borrow. It’s now down to 100,000. If that continues down to zero then shorts run out of ammunition.
$BAC could of course then open up more but they are the option seller and one of the market makers so their real money is made at moving the stock to max pain.
Thats 6$ this week.
So. Price will move up in incriments as they milk the market up to that’s price.
We’ll prob see 5.25-5.35 by end of day today.. watch the shares available to borrow…
