It's not dilution because the shares were always in the total float. What the lockup does though is "theoretically" add selling pressure because prior to today they could not be sold. Selling pressure is not easily quantifiable mathematically. Some say the lockup was already baked into the cake (shareprice wise) which could mean that today and the next few days may represent a nearterm bottom in the shareprice, thus the rise today.
So easy; Zuck is propping the stock big, just like the MM's are temporarily holding it up on trades today. It's being manipulated of course--but with these crooks, that's nothing new for this market.
because nobody is selling thats why all the foolish shorts are trapped and all the bull #$%$ that bought the ipo are washed out
btw mm's start getting sell interest data after mid night so they have a clue what the selling and buying look like.
btw learn the game or stay out of it.
MM's can 'make a market' anyway they see fit... including limiting the number of shares that are ALLOWED to trade' on a daily basis.
N o one can explain the eccentricities of the market... but I can tell you them shares when they are dumped or 'allowed' ti trade will have a NEGATIVE impact. But it might not be 'allowed' to execute until after 4PM...
Simple. Doesn't matter how many shares are available to sell. If the holders don't sell as much as the shorts expected, they have to cover. It's not just supply and demand. Price is a factor, If it was above 30, then you would likely have seen a big drop today. But at under 20, few holders want to sell.