Aug. 22 at 7:27 PM
$KPLT if this thing close at 12 I buy more. it won't. you see the phenomenon but you didn't think about the reason. When market up this thing is down, when market down this thing is up.
I had told all KPLT friends here a few times: there is barely no retail buyers or sellers at this moment. The share price is controlled by MMs only.
When market was up, they got more margin to tolerance their short positions; when market was down, their margin shrank they had to buy back.
Margin requirement of KPLT was up to 100% on 5/12, see its share price changed after that.
Unless institution holders dump this thing, this thing share price won't go back to 12.
Today market is up, MMs has more margin to shot this thing, that's all
