Jun. 4 at 5:07 PM
$HYMC Guys, it’s not rocket science. One of the major holders is responsible for most of the price fluctuations. They have advanced algorithmic AI software and buy and sell based on the volume and momentum. They hold both calls and puts and continually make money off of them both. With a large enough position you can control the price movement most of the time, exploiting week hands and low volume along the way. Also they over pump when there is large volume. With low volume like today, selling a few 100k shares in the morning causes a cascade effect. Then they buy the shares back later in the day, and sell their puts for twice what they paid for them yesterday. Rinse and repeat…
