Sep. 12 at 7:45 PM
$MSOS $CURLF $TLRY $HITI $SNDL Interesting that NSDQ names are holding up, and OTC names are in free fall. What's the obvious difference? Institutions can buy NSDQ and only retail can buy OTC. Further, retail refuses to buy the names that actually create demand, and continues to buy options and the ETFs. To be clear, buying
$MSOS can make
$MSOS go up, but only if there are enough inflows to require APs to buy another basket. If retail bulls do not participate in demand, then we are at the mercy of hedge funds and MMs period. If hedge funds are bearish, and if MMs are selling to reduce risk, (if retail has created a put/call ratio > 1), then barring, news or a profit-taking squeeze, this is what we get. Still I think it's interesting that NSDQ names are holding up. Maybe that's a glimpse at institutional optimism, since that's where they are allowed to play?
